https://www.taxtmi.com/caselaws?id=20035 Penalty for late filing was held not leviable where the assessee had already discharged the full tax liability through advance tax or tax deduction at source and the default was limited to delay in furnishing the return. The governing position was that, in those circumstances, section 271(1)(a) penalty could not be sustained merely for belated filing when tax due had been paid in full. The Tribunal was therefore justified in deleting the penalty. en-us Thu, 14 Oct 1993 00:00:00 +0530 Wed, 11 Nov 2009 12:38:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20035 Penalty for late filing was held not leviable where the assessee had already discharged the full tax liability through advance tax or tax deduction at source and the default was limited to delay in furnishing the return. The governing position was that, in those circumstances, section 271(1)(a) penalty could not be sustained merely for belated filing when tax due had been paid in full. The Tribunal was therefore justified in deleting the penalty. Case-Laws Income Tax Thu, 14 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20035