https://www.taxtmi.com/caselaws?id=18284 Penalties for delayed filing could not be sustained where the returns were filed beyond the prescribed time and were treated as invalid in law. Once the purported returns were not returns in the eye of law, they could not furnish a lawful for penalty under section 271(1)(a). The cancellation of the penalties was therefore upheld. en-us Wed, 07 Feb 1996 00:00:00 +0530 Wed, 30 Sep 2009 10:34:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18284 Penalties for delayed filing could not be sustained where the returns were filed beyond the prescribed time and were treated as invalid in law. Once the purported returns were not returns in the eye of law, they could not furnish a lawful for penalty under section 271(1)(a). The cancellation of the penalties was therefore upheld. Case-Laws Income Tax Wed, 07 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18284