TMI Blog2021 (5) TMI 172X X X X Extracts X X X X X X X X Extracts X X X X ..... hese were required. In view of this peculiar situation, we find that it was difficult on the part of the assessee to collect different records from the scattered places in a short period of four days, which was at the disposal of the assessee for complying with the requirements of the AO. There is no doubt that the assessee did not comply with the notice issued by the AO and thus, became liable fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ated:- 16-3-2021 - Shri R.S. Syal, Vice President And Shri S.S.Viswanethra Ravi, Judicial Member For the Assessee : None For the Revenue : Shri Vitthal Bhosale ORDER PER R.S. SYAL, VP : These three appeals by the assessee are directed against the confirmation of penalty of ₹ 10,000/- each u/s.271(1)(b) of the Income-tax Act, 1961 (hereinafter also called `the Act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... issions, that have been reproduced in para 3.1 of his order. Not convinced, the ld. CIT(A) echoed the penalty, which has brought the assessee before the Tribunal. Similar facts obtain in respect of the other two years as well. 3. We have heard the ld. DR through Virtual Court and gone through the relevant material on record. There is no appearance from the side of assessee despite notice. As su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nday, thereby leaving only four days at the disposal of the assessee for putting in appearance and furnishing the details. The assessee stated before the ld. CIT(A) that the proceedings u/s.263 were represented by Advocate Dewani from Nagpur since such proceedings were carried out at Nagpur. Thereafter, the record was carried to Shri Abhay Gundecha, Chartered Accountant in Pune for filing of appea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) under consideration, the penalty needs to be deleted. Adverting to the facts of the instant case, we find that there was a reasonable cause with the assessee in not complying with the requirements of the AO in such a short period for the reasons discussed hereinabove. This being a reasonable cause has brought the case within the ambit of section 273B of the Act. We, therefore, order to delet ..... X X X X Extracts X X X X X X X X Extracts X X X X
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