Income Tax Act, 1961
Section 278AA. PUNISHMENT NOT TO BE IMPOSED IN CERTAIN CASES.
Notwithstanding anything contained in the provisions of section 276A, section 276AB, or section 276B, no person shall be punishable for any failure referred to in the said provisions if he proves that there was reasonable cause for such failure.
Related Judgements
DIGVIJAY CEMENT CO. LTD. v. APPROPRIATE AUTHORITY & ORS.
