Penalty u/s.271(1)(b) - there was a reasonable cause with the ...
Case Laws Income Tax
May 6, 2021
Penalty u/s.271(1)(b) - 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. - No penalty - AT
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