https://www.taxtmi.com/caselaws?id=404844 The Court quashed the impugned order imposing a penalty under section 271 FA of the Income Tax Act, 1961 on sub registrars for failing to file annual information reports. Despite the delayed filing of returns, the Court found that the purpose of the relevant section was fulfilled, leading to the decision in favor of the petitioners. The writ petitions were allowed without costs, and connected miscellaneous petitions were closed. en-us Wed, 03 Feb 2021 00:00:00 +0530 Fri, 05 Mar 2021 09:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404844 The Court quashed the impugned order imposing a penalty under section 271 FA of the Income Tax Act, 1961 on sub registrars for failing to file annual information reports. Despite the delayed filing of returns, the Court found that the purpose of the relevant section was fulfilled, leading to the decision in favor of the petitioners. The writ petitions were allowed without costs, and connected miscellaneous petitions were closed. Case-Laws Income Tax Wed, 03 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404844