https://www.taxtmi.com/caselaws?id=71107 The penalties imposed under sections 271(1)(a) and 271(1)(c) for late filing of return and significant difference between assessed and returned income were canceled by the Tribunal. The Tribunal deemed the imposition of penalties without seeking further explanation or giving proper opportunities to the assessee as unjustified and unsustainable in law. The orders of the Income Tax Officer were overturned, and the appeals filed by the assessee were allowed. en-us Wed, 04 Feb 1976 00:00:00 +0530 Thu, 21 Apr 2011 13:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71107 The penalties imposed under sections 271(1)(a) and 271(1)(c) for late filing of return and significant difference between assessed and returned income were canceled by the Tribunal. The Tribunal deemed the imposition of penalties without seeking further explanation or giving proper opportunities to the assessee as unjustified and unsustainable in law. The orders of the Income Tax Officer were overturned, and the appeals filed by the assessee were allowed. Case-Laws Income Tax Wed, 04 Feb 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71107