https://www.taxtmi.com/caselaws?id=5317 Levy of interest under section 139 of the Income-tax Act was treated as implying extension of time to the date of filing the return, so the basis for penalty under section 271(1)(a) for delay in furnishing the return ceased to survive. On that agreed legal position, a reference confined to the penalty question was held to be unnecessary and meaningless in isolation. The proposed reference was therefore rejected and the appeals were dismissed. en-us Wed, 31 Oct 1990 00:00:00 +0530 Tue, 08 Dec 2015 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5317 Levy of interest under section 139 of the Income-tax Act was treated as implying extension of time to the date of filing the return, so the basis for penalty under section 271(1)(a) for delay in furnishing the return ceased to survive. On that agreed legal position, a reference confined to the penalty question was held to be unnecessary and meaningless in isolation. The proposed reference was therefore rejected and the appeals were dismissed. Case-Laws Income Tax Wed, 31 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5317