https://www.taxtmi.com/caselaws?id=77156 The High Court upheld the Income-tax Appellate Tribunal's decision to remit a penalty matter back to the Assessing Officer for reassessment due to discrepancies in the delay in filing the annual return. The Court found no prejudice to the Revenue in the remand order and confirmed the legality of the Tribunal's decision, dismissing the Revenue's appeal. The Court emphasized that the remand order was in line with the law and did not raise any substantial legal questions, leading to the affirmation of the Tribunal's order and the dismissal of the appeal. en-us Wed, 23 Jul 2008 00:00:00 +0530 Sat, 02 Feb 2013 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77156 The High Court upheld the Income-tax Appellate Tribunal's decision to remit a penalty matter back to the Assessing Officer for reassessment due to discrepancies in the delay in filing the annual return. The Court found no prejudice to the Revenue in the remand order and confirmed the legality of the Tribunal's decision, dismissing the Revenue's appeal. The Court emphasized that the remand order was in line with the law and did not raise any substantial legal questions, leading to the affirmation of the Tribunal's order and the dismissal of the appeal. Case-Laws Income Tax Wed, 23 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77156