https://www.taxtmi.com/caselaws?id=21382 The court held that charging interest under section 139(8) of the Income-tax Act post-amendment did not imply an extension of time for filing returns, rejecting the argument that it negated wilful default. The court determined that the amendment mandated interest regardless of any time extension granted by the Income-tax Officer, making the levy automatic and not indicative of an extension of time. Consequently, the prosecution under section 276CC for wilful failure to file the return on time was deemed maintainable, and the petition to quash the prosecution was dismissed. en-us Mon, 17 Feb 1992 00:00:00 +0530 Tue, 24 Nov 2009 10:31:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21382 The court held that charging interest under section 139(8) of the Income-tax Act post-amendment did not imply an extension of time for filing returns, rejecting the argument that it negated wilful default. The court determined that the amendment mandated interest regardless of any time extension granted by the Income-tax Officer, making the levy automatic and not indicative of an extension of time. Consequently, the prosecution under section 276CC for wilful failure to file the return on time was deemed maintainable, and the petition to quash the prosecution was dismissed. Case-Laws Income Tax Mon, 17 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21382