Deleting the penalty the Tribunal held that the repayment was made in cash as the cheques were dishonoured and people have gheraoed the business premises. Explanation submitted showed a reasonable cause hence the penalty levied was deleted . ( Followed ADIT v.Kumari A. R.Shanti (2008) 255 ITR 258 (SC) Suresh R. Solanki v. ACIT (2014) (4)TMl 557 -ITAT Mumbai ) ( ITA No 5391/ M/ 2003 dt 16-10 -2015 ) (AY. 2009-10)