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1980 (9) TMI 121 - AT - Income Tax

The appeal was against a penalty of Rs. 2,691 under s. 271(1)(a) of the IT Act, 1961 for the asst. yr. 1974-75. The delay in filing the return was due to serious disputes between partners and a family illness. The Tribunal found a reasonable cause for the delay and canceled the penalty. The appeal was allowed.

 

 

 

 

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