https://www.taxtmi.com/caselaws?id=251519 The High Court dismissed the appeals concerning penalty imposition under Section 271FA of the Income Tax Act, 1961. The appellant's arguments regarding lack of infrastructure and software causing delay were not accepted, and the penalty was upheld. The Court emphasized the importance of adhering to statutory time limitations and previous legal precedents, ultimately leading to the dismissal of the appeals without addressing applications for condonation of delay. en-us Mon, 11 Aug 2014 00:00:00 +0530 Wed, 17 Sep 2014 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251519 The High Court dismissed the appeals concerning penalty imposition under Section 271FA of the Income Tax Act, 1961. The appellant's arguments regarding lack of infrastructure and software causing delay were not accepted, and the penalty was upheld. The Court emphasized the importance of adhering to statutory time limitations and previous legal precedents, ultimately leading to the dismissal of the appeals without addressing applications for condonation of delay. Case-Laws Income Tax Mon, 11 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251519