Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1984 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1984 (8) TMI 179 - ITAT MADRAS-DExtract: .......e imposed or sustained. We are satisfied that the assessee had reasonable cause and guilt or default as envisaged in the section was not brought home by the ITO. Accordingly, we set aside the orders of the authorities and cancel the penalty imposed by the ITO which has been partially sustained by the CIT(A). 5. In the result, the appeal is allowed.
|