https://www.taxtmi.com/caselaws?id=20872 The High Court upheld the Tribunal's decision, affirming the validity of the demand raised under section 210 of the Income-tax Act, 1961, and justifying the imposition of penalty under section 273(c). The Court found the assessee's arguments to be hyper-technical and ruled in favor of the tax authorities, stating that the failure to demand a higher amount of advance tax did not invalidate the original demand. The Court held that the initiation of penal proceedings was justified, ultimately ruling against the assessee with no order as to costs. en-us Mon, 06 Jul 1992 00:00:00 +0530 Tue, 17 Nov 2009 17:03:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20872 The High Court upheld the Tribunal's decision, affirming the validity of the demand raised under section 210 of the Income-tax Act, 1961, and justifying the imposition of penalty under section 273(c). The Court found the assessee's arguments to be hyper-technical and ruled in favor of the tax authorities, stating that the failure to demand a higher amount of advance tax did not invalidate the original demand. The Court held that the initiation of penal proceedings was justified, ultimately ruling against the assessee with no order as to costs. Case-Laws Income Tax Mon, 06 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20872