Delay to due to Relying on Auditor for Return Filing Justifies Section 273B Penalty Deletion

S. A. Poultry Farms Vs ITO (ITAT Chennai) Introduction: In the case of S. A. Poultry Farms vs. ITO, the Income Tax Appellate Tribunal (ITAT) Chennai addressed the imposition of a penalty under Section 271B for the failure to upload the income tax return electronically. This article provides a detailed analysis of the case and the reasons behind the ITAT’s decision to delete the penalty. Detailed Subheading-Wise Analysis: 1. Background of the Case: The appeal by the assessee pertains to the Assessment Year (AY) 2017-18 and arises from the order of the Commissioner of Income Tax (Appeals) ...