2007 (8) TMI 788 - HC - Income Tax

Summary

The High Court of Delhi, in a case related to the Income-tax Act, 1961 for the assessment year 1975-76, ruled that a revised return filed by the assessee was not valid as the original return was not filed under section 139(1) of the Act. The Court cited a Supreme Court decision in support of its ruling. The question of law was answered in favor of the revenue and against the assessee.