2019 (8) TMI 534 - SCH - Income Tax

Penalty u/s 271(1)(c) levied on the legal representative/heirs - penalty was initiated assessee-husband but not concluded prior to his death - penalty in hand of wife - interpretation of Section 159 - HELD THAT - Special leave petitions are dismissed on tax effect. However, question of law is left open.

Summary

The Supreme Court dismissed the special leave petitions due to tax effect, but left the question of law open. The delay was condoned, and the pending application was disposed of.