https://www.taxtmi.com/caselaws?id=22407 The Income-tax Department could initiate penalty proceedings under sections 221 and 140A simultaneously, leading to a double penalty. The Tribunal upheld the penalties imposed on the petitioner for failure to pay advance tax for the assessment year 1982-83, despite the argument that fresh proceedings could not be initiated under section 140A after the 1983 order. The High Court dismissed the petitioner's challenges, affirming the Tribunal's decision and emphasizing the procedural correctness of the successor-officer issuing a fresh notice under section 140A. en-us Wed, 14 Nov 1990 00:00:00 +0530 Wed, 09 Dec 2009 17:46:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22407 The Income-tax Department could initiate penalty proceedings under sections 221 and 140A simultaneously, leading to a double penalty. The Tribunal upheld the penalties imposed on the petitioner for failure to pay advance tax for the assessment year 1982-83, despite the argument that fresh proceedings could not be initiated under section 140A after the 1983 order. The High Court dismissed the petitioner's challenges, affirming the Tribunal's decision and emphasizing the procedural correctness of the successor-officer issuing a fresh notice under section 140A. Case-Laws Income Tax Wed, 14 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22407