1976 (12) TMI 70 - AT - Income Tax

Summary

The Income Tax Officer demanded advance tax from the assessee, but she did not comply. The officer imposed a penalty of Rs. 5,000, later reduced to Rs. 3,000 by the Appellate Asstt. Commissioner. The assessee had paid most of her tax dues on time, so the penalty was canceled by the Appellate Tribunal. The appeal was allowed.