https://www.taxtmi.com/caselaws?id=24330 The High Court held that the jurisdiction of the Income-tax Officer to levy a penalty exceeding Rs. 1,000 should be determined based on the date of initiation of penalty proceedings, not the date of filing the return. The Court answered the first question in the negative, favoring the Revenue. However, due to insufficient information on the initiation of proceedings, the Court directed the Tribunal to reconsider the matter in light of the clarified interpretation of the law on jurisdiction in penalty proceedings. en-us Tue, 22 Nov 1988 00:00:00 +0530 Tue, 19 Jan 2010 12:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24330 The High Court held that the jurisdiction of the Income-tax Officer to levy a penalty exceeding Rs. 1,000 should be determined based on the date of initiation of penalty proceedings, not the date of filing the return. The Court answered the first question in the negative, favoring the Revenue. However, due to insufficient information on the initiation of proceedings, the Court directed the Tribunal to reconsider the matter in light of the clarified interpretation of the law on jurisdiction in penalty proceedings. Case-Laws Income Tax Tue, 22 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24330