https://www.taxtmi.com/caselaws?id=65178 Penalty for failure to furnish an advance tax estimate was held inapplicable because section 209A was not yet in force for the relevant assessment year. Under the law then prevailing, an assessee already subjected to regular assessment had no obligation to file a voluntary estimate unless a notice under section 210 was issued. As no such notice was issued and the assessee had been previously assessed, there was no statutory default and the penalty under section 273(1)(b) was cancelled. en-us Fri, 02 Mar 1990 00:00:00 +0530 Mon, 14 Feb 2011 10:49:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65178 Penalty for failure to furnish an advance tax estimate was held inapplicable because section 209A was not yet in force for the relevant assessment year. Under the law then prevailing, an assessee already subjected to regular assessment had no obligation to file a voluntary estimate unless a notice under section 210 was issued. As no such notice was issued and the assessee had been previously assessed, there was no statutory default and the penalty under section 273(1)(b) was cancelled. Case-Laws Income Tax Fri, 02 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65178