2015 (7) TMI 1301

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..... DER PER BHAVNESH SAINI , J.M. : This appeal filed by the assessee is directed against the order of learned Commissioner of Income Tax (Appeals), Chandigarh dated 29.10.2014 for financial year 2011-12 (assessment year 2012-13), challenging the levy of penalty under sect ion 272A(2) (k) of the Income Tax Act , 1961 ( in short ' the Act ' ) . 2. The brief facts as noted in the impugned order are t .....

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..... rial available on record. It is not in dispute that the TDS returns were not filed within time prescribed by law. Section 273B of the Act provides except ion to the rule if the assessee is able to prove to the satisfaction of the authorities below that there was a reasonable cause for failure to comply with the provisions of law. However, the assessee has not been able to prove if there was any re .....

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