2001 (7) TMI 107 - HC - Income Tax

Summary

The High Court of Punjab and Haryana dismissed the appeal filed by the Revenue under section 260A of the Income-tax Act, 1961. The appeal questioned the justification of the Income-tax Appellate Tribunal's decision regarding the failure to get accounts audited due to departmental failure to provide photocopies. The Tribunal found that the delay was caused by the Department, leading to the penalty being unjustified. The appeal was dismissed.