Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (3) TMI 533 - AT - Income TaxPenalty u/s 271(1)(b) - non-compliance of notice u/s. 142(1) - Held that:- Penalty will not be imposed on the assessee if he proves that there was reasonable cause for the said failure. Now coming to the case on hand, it is not in doubt that the wife of assessee was suffering from cancer as evident from the order of Hon'ble ITAT in assessee’s own case for AYs 2004-05 to 2009-10 [2014 (12) TMI 217 - ITAT KOLKATA] As there was sufficient reasonable cause which prevented the assessee to comply with the notice issued u/s 142(1) by AO. Accordingly, we, therefore, set aside the order of Ld. CIT(A) and direct the AO to cancel the penalty u/s 271(1)(b) - Decided in favour of assessee
|