https://www.taxtmi.com/caselaws?id=75713 The High Court upheld the penalty imposed under section 272A(2)(g) of the Income-tax Act on a partnership firm for failing to file the required certificate on time. The court found that the firm did not demonstrate a reasonable cause for the delay and that the breach was not technical or venial. Despite no loss to the Revenue, the court emphasized the statutory obligation to comply with filing requirements. The appeal was dismissed, affirming the penalty imposition without costs. en-us Mon, 22 Dec 2008 00:00:00 +0530 Sat, 08 May 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75713 The High Court upheld the penalty imposed under section 272A(2)(g) of the Income-tax Act on a partnership firm for failing to file the required certificate on time. The court found that the firm did not demonstrate a reasonable cause for the delay and that the breach was not technical or venial. Despite no loss to the Revenue, the court emphasized the statutory obligation to comply with filing requirements. The appeal was dismissed, affirming the penalty imposition without costs. Case-Laws Income Tax Mon, 22 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75713