COVID-19 prevented Assessee from complying with Income Tax Notices: ITAT quashes Penalty u/s 272A(1)(d)

The Income Tax Appellate Tribunal (ITAT) quashed a penalty imposed under Section 272A(1)(d) of the Income Tax Act, citing the COVID-19 pandemic as the reason for the taxpayer's inability to comply with income tax notices. The tribunal acknowledged the disruptions caused by the pandemic and concluded that penalizing the taxpayer for non-compliance during this period would be unjust. This ruling provides relief to many taxpayers who faced difficulties in meeting tax compliance requirements during the pandemic.