https://www.taxtmi.com/caselaws?id=370084 The Tribunal upheld the penalty imposed under section 272(2)(e) for the delay in filing the return of income by the trust, emphasizing the mandatory nature of the filing requirement for institutions claiming exemption under sections 11 and 12 of the Income-tax Act. The Tribunal's decision was based on the specific provisions of the Act and relevant case law supporting the strict interpretation of filing requirements for exempt institutions. en-us Fri, 20 Jul 2018 00:00:00 +0530 Fri, 09 Nov 2018 19:03:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370084 The Tribunal upheld the penalty imposed under section 272(2)(e) for the delay in filing the return of income by the trust, emphasizing the mandatory nature of the filing requirement for institutions claiming exemption under sections 11 and 12 of the Income-tax Act. The Tribunal's decision was based on the specific provisions of the Act and relevant case law supporting the strict interpretation of filing requirements for exempt institutions. Case-Laws Income Tax Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370084