https://www.taxtmi.com/caselaws?id=70375 The Tribunal ruled in favor of the nationalized bank, the assessee, in the appeal against the order of the Commissioner (Appeals) for the assessment year 1980-81 regarding the levy of interest under section 139(8) of the Income-tax Act, 1961. The Tribunal determined that filing the return one day after the due date did not constitute a delay of a whole month, as per the interpretation of relevant provisions and legal precedents. Consequently, the interest levied under section 139(8) was canceled based on this analysis. en-us Fri, 21 Dec 1984 00:00:00 +0530 Fri, 15 Apr 2011 18:03:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70375 The Tribunal ruled in favor of the nationalized bank, the assessee, in the appeal against the order of the Commissioner (Appeals) for the assessment year 1980-81 regarding the levy of interest under section 139(8) of the Income-tax Act, 1961. The Tribunal determined that filing the return one day after the due date did not constitute a delay of a whole month, as per the interpretation of relevant provisions and legal precedents. Consequently, the interest levied under section 139(8) was canceled based on this analysis. Case-Laws Income Tax Fri, 21 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70375