ITAT deletes section 271F Penalty for Bona Fide ITR Filing Delay

Mukesh Pathak Vs ITO (ITAT Jaipur)

Introduction: The Income Tax Appellate Tribunal (ITAT), Jaipur recently ruled in favor of Mukesh Pathak in a case against the Income Tax Officer (ITO), deleting a penalty for the appellant’s failure to file an Income Tax Return (ITR) within the stipulated time. The tribunal saw this as a bona fide mistake and noted that the revenue had not incurred any loss as the proper tax had already been paid.

Analysis: Mukesh P

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