https://www.taxtmi.com/caselaws?id=18798 The High Court held that the Appellate Tribunal was not justified in upholding the penalties imposed on the widow under section 271(1)(a) of the Income-tax Act for delayed filing of income-tax returns. The court emphasized the quasi-criminal nature of penalty proceedings and the requirement for evidence of deliberate defiance of law or conscious disregard of obligations, which was not established in this case. The judgment highlighted the necessity of a judicial exercise of discretion in penalty cases, ultimately ruling against the Revenue and in favor of the widow. en-us Sat, 19 Aug 1995 00:00:00 +0530 Mon, 02 Nov 2009 11:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18798 The High Court held that the Appellate Tribunal was not justified in upholding the penalties imposed on the widow under section 271(1)(a) of the Income-tax Act for delayed filing of income-tax returns. The court emphasized the quasi-criminal nature of penalty proceedings and the requirement for evidence of deliberate defiance of law or conscious disregard of obligations, which was not established in this case. The judgment highlighted the necessity of a judicial exercise of discretion in penalty cases, ultimately ruling against the Revenue and in favor of the widow. Case-Laws Income Tax Sat, 19 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18798