Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2007 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2007 (1) TMI 166 - HC - Income TaxDelay of one day in filing the estimate of advance tax - reasons for delay was totally beyond the control of the assessee as his main source of income was share from B and filing of estimate of advance tax was dependent upon the intimation by the said firm - Once a reasonable explanation is available, there was no justification for levy of penalty for mere technical default when the delay was merely of a day
|