Penalty u/s 271A(1)(d) of Income Tax Act shall not be Levied,  if Assessee Shows Reasonable Cause for Non compliance of Statutory Notices: ITAT [Read Order]

By Aparna. M - On August 17, 2023 9:00 pm - 2 mins read
Penalty - Income Tax Act - non compliance of statutory notices - ITAT - Income Tax - taxscan

The Income Tax Appellate Tribunal (ITAT) Delhi bench held that the penalty under Section 271A(1)(d) of Income Tax Act, 1961 should not be levied if the assessee shows the reasonable cause for non compliance of the statutory notices. The Assessing officer did not accept submission of the assessed penalty. Assessee, Bijender Lather assessment order was completed…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader