https://www.taxtmi.com/caselaws?id=62149 The Tribunal partially allowed the appeal for the assessment year 1974-75, confirming the penalty with an adjusted default period of 8 months due to internecine quarrels among partners hindering the filing of returns. However, the appeal for the assessment year 1976-77 was dismissed as there was no valid reason for the delay in filing the return, with the option for the assessee to rectify any errors in the penalty computation with the Income Tax Officer. en-us Thu, 10 Jan 1980 00:00:00 +0530 Tue, 18 Jan 2011 13:00:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62149 The Tribunal partially allowed the appeal for the assessment year 1974-75, confirming the penalty with an adjusted default period of 8 months due to internecine quarrels among partners hindering the filing of returns. However, the appeal for the assessment year 1976-77 was dismissed as there was no valid reason for the delay in filing the return, with the option for the assessee to rectify any errors in the penalty computation with the Income Tax Officer. Case-Laws Income Tax Thu, 10 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62149