Levy of penalty u/s 272A(2)(e) - returns of income was filed ...

Penalty for Late Tax Filing Waived Due to Trustee's Illness; Reasonable Cause u/s 273B Established.

December 14, 2021

Case Laws Income Tax AT

Levy of penalty u/s 272A(2)(e) - returns of income was filed belatedly after the due date specified u/s. 139(4A) and 139(4C) - Illness of Managing Trustee of the trust during the relevant period will definitely comes under reasonable cause as provided u/s. 273B of the Act for not filing return of income within due date specified under the Act. - AT

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Levy of penalty u/s 272A(2)(e) - returns of income was filed ...

Penalty for Late Tax Filing Waived Due to Trustee's Illness; Reasonable Cause u/s 273B Established.

December 14, 2021

Case Laws Income Tax AT

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