Technical PAN Issues & COVID-19 Are Reasonable Cause; ITAT Pune Cancels Penalty

Rajrshi Shahu Nagari Vs ITO (ITAT Pune) Tribunal Condoned 930 Days Delay & Quashed Penalty Assessee, a Co-operative Credit Society, challenged penalty of ₹40,000 levied u/s 272A(1)(d) for non-compliance with notices. There was a delay of 930 days in filing appeal. Assessee explained that the delay occurred due to PAN migration issues (old PAN for BOI, new PAN for Society) & technical difficulties, compounded by lack of proper guidance from the local tax practitioner. Tribunal, applying Collector, Land Acquisition Vs Katiji (1987) 2 SCC 107 & Inder Singh Vs State of MP (2025 INSC ...