Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1994 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1994 (10) TMI 84 - AT - Income TaxExtract: .......e where penalty could be imposed having regard to the cause shown. The authorities below have failed to consider the actual aspects which must have come in the way of the assessee in producing the audit report with the return of income within the time frame. In the circumstances, we cancel the order levying penalty under s. 271B. Appeal is allowed.
|