https://www.taxtmi.com/caselaws?id=25653 Delay in seeking a certificate to appeal to the Supreme Court was condoned where the applicant relied on an earlier binding view allowing exclusion of time spent obtaining the certified copy of the order, though the Court noted lack of diligence. On the merits, no substantial question of law was found on penalty jurisdiction because the power to impose penalty under the Indian Income-tax Act, 1922 depends on the Income-tax Officer's satisfaction in the relevant proceedings, and that requirement was not satisfied merely because the assessment had later been modified by the Appellate Assistant Commissioner. en-us Tue, 30 Sep 1986 00:00:00 +0530 Sat, 30 Jan 2010 10:28:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25653 Delay in seeking a certificate to appeal to the Supreme Court was condoned where the applicant relied on an earlier binding view allowing exclusion of time spent obtaining the certified copy of the order, though the Court noted lack of diligence. On the merits, no substantial question of law was found on penalty jurisdiction because the power to impose penalty under the Indian Income-tax Act, 1922 depends on the Income-tax Officer's satisfaction in the relevant proceedings, and that requirement was not satisfied merely because the assessment had later been modified by the Appellate Assistant Commissioner. Case-Laws Income Tax Tue, 30 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25653