https://www.taxtmi.com/caselaws?id=23859 Interest charged under the proviso to section 139(1) means the time for filing the return is treated as extended, so the return cannot be regarded as late for penalty under section 271(1)(a). On that reasoning, the Tribunal erred in saying that levy of interest under section 139 had no relevance to the penalty question. The principle applied was that charging interest under section 139 affects the timeliness of the return for penalty purposes, and the answer was in favour of the assessee. en-us Thu, 14 Sep 1989 00:00:00 +0530 Thu, 14 Jan 2010 18:04:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23859 Interest charged under the proviso to section 139(1) means the time for filing the return is treated as extended, so the return cannot be regarded as late for penalty under section 271(1)(a). On that reasoning, the Tribunal erred in saying that levy of interest under section 139 had no relevance to the penalty question. The principle applied was that charging interest under section 139 affects the timeliness of the return for penalty purposes, and the answer was in favour of the assessee. Case-Laws Income Tax Thu, 14 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23859