1976 (4) TMI 102 - AT - Income Tax

Summary

The appeal was filed by an old lady against a penalty of Rs. 2,730 under s. 18(1)(a) of the WT Act for delay in filing the return. The delay was due to her old age and ill-health, as she was staying with her sons and had to apply for an extension of time. The Appellate Tribunal canceled the penalty, finding the delay justified. The appeal was allowed, and the penalty was cancelled.