https://www.taxtmi.com/caselaws?id=75394 The court upheld the Tribunal's decision to reduce the penalty under section 272A (2)(c) to Rs. 2,337 for the assessment year 1989-90, based on the relevant law in effect at the time of filing the required form. The appeal challenging the reduction of penalty amount was dismissed, emphasizing the application of the law at the time of the offense. en-us Wed, 02 Sep 2009 00:00:00 +0530 Tue, 13 Apr 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75394 The court upheld the Tribunal's decision to reduce the penalty under section 272A (2)(c) to Rs. 2,337 for the assessment year 1989-90, based on the relevant law in effect at the time of filing the required form. The appeal challenging the reduction of penalty amount was dismissed, emphasizing the application of the law at the time of the offense. Case-Laws Income Tax Wed, 02 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75394