1979 (6) TMI 58 - AT - Income Tax

Summary

The appeal was against a penalty of Rs. 2423 under s. 271(1)(a) for late filing of the return of income for asst. yr. 1971-72. The delay was for ten months, but penalty was imposed for six months without informing the assessee of rejection of extension applications. The Tribunal found the penalty unjustified and deleted it, allowing the appeal. (Case: Appellate Tribunal ITAT CALCUTTA-E, Citation: 1979 (6) TMI 58 - ITAT CALCUTTA-E)