ITAT deletes section 271(1)(b) penalty for inadequate time to reply & disputes between Partners

Vinars Enterprise Vs ITO (ITAT Rajkot)

Non-response to notice is because of disputes between Partners & Inadequate time to reply, so levy of penalty u/s. 271(1)(b) deleted.

The main submission of the assessee is that the assessing officer has given only 15 days’ time to respond to the notices which is inadequate, therefore penalty for non-compliance should not be levied and relied upon few case laws. The assessee also claimed the disputes between the partners which p

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