1979 (4) TMI 28 - HC - Income Tax

Summary

The High Court of Rajasthan directed the Income-tax Appellate Tribunal to refer a question of law regarding a penalty imposed for late filing of a tax return. The Tribunal had held that the assessee had a reasonable cause for the delay, but the High Court found the conclusion to be irrational. The High Court required the Tribunal to state the case and refer the question of law to the court within three months.