In the result, appeal of the assessee is allowed
K Devi, AIR 1996\nSC 1963) Therefore, in order to bring in application of section 271C in the backdrop\nof section 273B, absence of reasonable cause, existence of which has to be established by the\nassessee, is the sine qua non Levy of penalty under section 271C is not automatic Before levying\npenalty, the concerned officer is required to find