1987 (12) TMI 19 - HC - Income Tax

Summary

The High Court of Karnataka upheld the constitutional validity of section 140A(3) of the Income-tax Act, 1961. The court dismissed the writ petitions challenging the penalty levied for failure to pay tax along with the return. The court relied on decisions from various High Courts supporting the validity of the penalty provision. The writ petitions were dismissed based on these decisions.