https://www.taxtmi.com/caselaws?id=272749 Section 28 was construed to allow the Income Tax Officer to impose penalty after the assessment order and after tax payment, so long as notice had been issued in time and the officer was satisfied during the proceedings that concealment or inaccurate particulars had been furnished. The word "payable" was read as referring to the amount assessed, whether or not already paid. Because the Act did not require the penalty order to be made simultaneously with the assessment, the post-assessment penalty was held valid and the issue was answered in favour of the Revenue. en-us Thu, 07 Jul 1938 00:00:00 +0530 Wed, 16 May 2018 15:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272749 Section 28 was construed to allow the Income Tax Officer to impose penalty after the assessment order and after tax payment, so long as notice had been issued in time and the officer was satisfied during the proceedings that concealment or inaccurate particulars had been furnished. The word "payable" was read as referring to the amount assessed, whether or not already paid. Because the Act did not require the penalty order to be made simultaneously with the assessment, the post-assessment penalty was held valid and the issue was answered in favour of the Revenue. Case-Laws Income Tax Thu, 07 Jul 1938 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272749