ITAT Deletes Penalty under Section 272A(1)(d) for Technological Illiteracy and Third-Party Negligence

Maqsood Ali Vs ITO (ITAT Delhi)

Introduction: The case of Maqsood Ali Vs ITO (ITAT Delhi) represents a significant ruling in tax law history, where the Income Tax Appellate Tribunal (ITAT) held that penalties under section 272A(1)(d) of the Income Tax Act should not be imposed if a reasonable cause for non-compliance of statutory notices is presented.

Analysis: In this case, Maqsood Ali, the appellant, filed an appeal against the imposition of a penalty un

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