https://www.taxtmi.com/caselaws?id=64025 The Tribunal upheld the decision of the CIT(A) and dismissed the revenue's appeal regarding the imposition of a penalty under section 140A(3) for non-payment of self-assessment tax before filing the return. The dispute also involved the availability of funds and repatriation of income from abroad, with the Tribunal emphasizing the lack of obligation to file a return and pay tax under the specific circumstances where the income did not exceed the non-taxable limit. en-us Fri, 11 Feb 1994 00:00:00 +0530 Thu, 03 Feb 2011 12:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64025 The Tribunal upheld the decision of the CIT(A) and dismissed the revenue's appeal regarding the imposition of a penalty under section 140A(3) for non-payment of self-assessment tax before filing the return. The dispute also involved the availability of funds and repatriation of income from abroad, with the Tribunal emphasizing the lack of obligation to file a return and pay tax under the specific circumstances where the income did not exceed the non-taxable limit. Case-Laws Income Tax Fri, 11 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64025