https://www.taxtmi.com/caselaws?id=184556 The Tribunal held that a return filed under section 139(4) could not be considered as filed within the time allowed under section 139(1) to avoid penalty under section 271(1)(a). Charging interest under section 139(4) did not extend the time for submitting the return, and penalty under section 273(b) did not bar penalty under section 271(1)(a). The appeal was partially allowed, instructing the Income-tax Officer to reassess the penalty amount based on pertinent rulings. en-us Sat, 30 Sep 1972 00:00:00 +0530 Tue, 12 Jul 2016 16:13:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184556 The Tribunal held that a return filed under section 139(4) could not be considered as filed within the time allowed under section 139(1) to avoid penalty under section 271(1)(a). Charging interest under section 139(4) did not extend the time for submitting the return, and penalty under section 273(b) did not bar penalty under section 271(1)(a). The appeal was partially allowed, instructing the Income-tax Officer to reassess the penalty amount based on pertinent rulings. Case-Laws Income Tax Sat, 30 Sep 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184556