1979 (6) TMI 61 - AT - Income Tax

Summary

The ITAT Delhi-D canceled the penalty of Rs. 1,210 imposed under s. 273(c) of the IT Act, 1961 on the appellant for failing to file an estimate of advance tax due to the serious illness and subsequent death of the Karta of the family. The tribunal held that there was a reasonable cause for the failure and the penalty was unjustified. The penalty was canceled, and if already collected, it shall be refunded to the appellant. The appeal was allowed. (Case citation: 1979 (6) TMI 61 - ITAT DELHI-D)