https://www.taxtmi.com/caselaws?id=19490 The Court held that the first return filed by the assessee-company was invalid due to non-compliance with section 140(c) of the Income-tax Act, 1961, which requires the managing director to sign and verify the return. The Court emphasized the mandatory nature of this provision and rejected arguments related to rectifying defects under section 139(9) and protection under section 292B. The decision favored the Revenue, underscoring the significance of strict adherence to statutory requirements for income tax returns' signing and verification. en-us Thu, 30 Jan 1992 00:00:00 +0530 Fri, 06 Nov 2009 14:38:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19490 The Court held that the first return filed by the assessee-company was invalid due to non-compliance with section 140(c) of the Income-tax Act, 1961, which requires the managing director to sign and verify the return. The Court emphasized the mandatory nature of this provision and rejected arguments related to rectifying defects under section 139(9) and protection under section 292B. The decision favored the Revenue, underscoring the significance of strict adherence to statutory requirements for income tax returns' signing and verification. Case-Laws Income Tax Thu, 30 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19490