https://www.taxtmi.com/caselaws?id=7962 The High Court of Rajasthan ruled that penalties under section 271(1)(a) of the Income-tax Act could be imposed for defaults in filing returns under section 139(1) even after filing returns under section 139(2). The Court disagreed with the Tribunal's interpretation, emphasizing that penalties apply regardless of the provision under which the return is filed. It upheld the Income-tax Officer's authority to determine penalties based on the default's nature and duration, rejecting arguments for condonation or equitable considerations. The judgment clarified that all defaults are treated equally for penalty imposition. en-us Thu, 18 Sep 1969 00:00:00 +0530 Thu, 26 Mar 2009 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7962 The High Court of Rajasthan ruled that penalties under section 271(1)(a) of the Income-tax Act could be imposed for defaults in filing returns under section 139(1) even after filing returns under section 139(2). The Court disagreed with the Tribunal's interpretation, emphasizing that penalties apply regardless of the provision under which the return is filed. It upheld the Income-tax Officer's authority to determine penalties based on the default's nature and duration, rejecting arguments for condonation or equitable considerations. The judgment clarified that all defaults are treated equally for penalty imposition. Case-Laws Income Tax Thu, 18 Sep 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7962