https://www.taxtmi.com/caselaws?id=69386 The Tribunal upheld the penalty imposed under section 271(1)(a) of the Income Tax Act for a delay in filing the income tax return for the assessment year 1980-81. It confirmed that reopening the assessment under section 148 of the Act does not negate penalties from the original assessment and rejected the appellant's plea to exclude income from earlier years for penalty calculation. The Tribunal disagreed with the appellant's legal arguments and affirmed the penalty order, dismissing the appeal. en-us Fri, 09 Jan 1987 00:00:00 +0530 Wed, 06 Apr 2011 14:49:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69386 The Tribunal upheld the penalty imposed under section 271(1)(a) of the Income Tax Act for a delay in filing the income tax return for the assessment year 1980-81. It confirmed that reopening the assessment under section 148 of the Act does not negate penalties from the original assessment and rejected the appellant's plea to exclude income from earlier years for penalty calculation. The Tribunal disagreed with the appellant's legal arguments and affirmed the penalty order, dismissing the appeal. Case-Laws Income Tax Fri, 09 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69386