Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1989 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (2) TMI 171 - AT - Income TaxExtract: .......d of delay, the conduct of the assessee in keeping the Department informed of the reasons for delay etc., we have to hold, in view of the reasonable cause having been established for the delay in the audit of accounts, no penalty is exigible on the facts of the present case. The penalty as imposed is accordingly cancelled and the appeal is allowed.
|