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2018 (1) TMI 1109 - AT - Income TaxPenalty u/s. 271(1)(b) - non compliance with the statutory notices - Held that:- Failure to comply with certain notices on a particular date was due to reasonable cause as highlighted by the assessee not only during the course of the assessment proceedings but also before the Assessing Officer and Learned CIT(Appeals) in the impugned penalty proceedings and hence penalty cannot be levied in such circumstances. See M/s. Witness Builders Pvt. Ltd. vs. DCIT & Others [2017 (9) TMI 313 - ITAT DELHI] - Decided in favour of assessee
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