https://www.taxtmi.com/caselaws?id=285401 A registered firm that was not itself liable to pay tax could not be penalised under Section 28 for non-compliance with a notice under Section 22(4) of the Income-tax Act, 1922, because the law in force on the date of default did not authorise such penalty. The later amendment treating a registered firm as unregistered could not be applied retrospectively to create a new offence or fasten liability for conduct that was not punishable when committed. The penalty was therefore invalid and could not be sustained against the assessee. en-us Wed, 23 Mar 1949 00:00:00 +0530 Fri, 10 Jan 2020 12:11:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285401 A registered firm that was not itself liable to pay tax could not be penalised under Section 28 for non-compliance with a notice under Section 22(4) of the Income-tax Act, 1922, because the law in force on the date of default did not authorise such penalty. The later amendment treating a registered firm as unregistered could not be applied retrospectively to create a new offence or fasten liability for conduct that was not punishable when committed. The penalty was therefore invalid and could not be sustained against the assessee. Case-Laws Income Tax Wed, 23 Mar 1949 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285401