https://www.taxtmi.com/caselaws?id=22044 The Tribunal held that the penalty provisions applicable are those in force on the date the return was filed. The court concluded that the Inspecting Assistant Commissioner lacked jurisdiction to impose penalties on February 22, 1972, due to an amendment that curtailed his jurisdiction. Therefore, the penalties imposed by the Inspecting Assistant Commissioner were deemed invalid. en-us Wed, 07 Aug 1991 00:00:00 +0530 Sat, 05 Dec 2009 16:30:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22044 The Tribunal held that the penalty provisions applicable are those in force on the date the return was filed. The court concluded that the Inspecting Assistant Commissioner lacked jurisdiction to impose penalties on February 22, 1972, due to an amendment that curtailed his jurisdiction. Therefore, the penalties imposed by the Inspecting Assistant Commissioner were deemed invalid. Case-Laws Income Tax Wed, 07 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22044