https://www.taxtmi.com/caselaws?id=7094 Under the Indian Income-tax Act, 1922, the statutory power to impose penalty did not extend to a further penalty merely because an earlier concealment penalty remained unpaid. Tax and penalty were treated as distinct concepts, and prior Kerala High Court authority was followed in holding that the Act did not authorise a penalty upon a penalty. The reference to "assessment" in Supreme Court authorities was understood only in a procedural sense and not as expanding penalty power. The impugned penalty order was therefore unsustainable and the assessee succeeded. en-us Fri, 16 Sep 1966 00:00:00 +0530 Sun, 08 Feb 2009 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7094 Under the Indian Income-tax Act, 1922, the statutory power to impose penalty did not extend to a further penalty merely because an earlier concealment penalty remained unpaid. Tax and penalty were treated as distinct concepts, and prior Kerala High Court authority was followed in holding that the Act did not authorise a penalty upon a penalty. The reference to "assessment" in Supreme Court authorities was understood only in a procedural sense and not as expanding penalty power. The impugned penalty order was therefore unsustainable and the assessee succeeded. Case-Laws Income Tax Fri, 16 Sep 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7094