https://www.taxtmi.com/caselaws?id=67118 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to cancel the penalty imposed on the assessee for filing an unsigned return of income. The Tribunal emphasized that an incomplete or unverified return cannot be considered valid, citing that there is no provision in the law allowing for amendment of a filed return. Despite later signing the verification, the return remained invalid, and the Tribunal ruled that no penalty could be imposed based on an invalid return. The Department's appeal was dismissed, and the cross-objection filed by the assessee was allowed. en-us Mon, 22 Jul 1991 00:00:00 +0530 Wed, 09 Mar 2011 11:50:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67118 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to cancel the penalty imposed on the assessee for filing an unsigned return of income. The Tribunal emphasized that an incomplete or unverified return cannot be considered valid, citing that there is no provision in the law allowing for amendment of a filed return. Despite later signing the verification, the return remained invalid, and the Tribunal ruled that no penalty could be imposed based on an invalid return. The Department's appeal was dismissed, and the cross-objection filed by the assessee was allowed. Case-Laws Income Tax Mon, 22 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67118