Failure to respond to Income Tax Notice was accepted considering Pathology Reports submitted by assessee

Achuthan Rajarajan Vs Assessment Unit (Madras High Court) Conclusion: Assessment and penalty orders issued against assessee was set aside considering pathology reports of assessee as a valid reason for failing to respond to various income tax notices. Held: Assessee was a legal heir of the late Shri Achuthan Nair, had sold an immovable property in February 2014 and deposited the sale proceeds in a bank account. The subsequent creation of fixed deposits totaling ₹60,04,090/- triggered proceedings under the Income Tax Act, 1961. Assessee did not respond to notices issued under Sections 148A(b...