https://www.taxtmi.com/caselaws?id=26044 The court held that penalty under section 271(1)(a) can be imposed even after charging interest under section 139 for delayed submission of the return. Additionally, the penalty calculated on the basis of tax as on an unregistered firm could be levied when no tax was payable by it as a registered firm. The court ruled in favor of the Revenue and against the assessee on both issues. en-us Mon, 20 May 1985 00:00:00 +0530 Tue, 02 Feb 2010 13:59:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26044 The court held that penalty under section 271(1)(a) can be imposed even after charging interest under section 139 for delayed submission of the return. Additionally, the penalty calculated on the basis of tax as on an unregistered firm could be levied when no tax was payable by it as a registered firm. The court ruled in favor of the Revenue and against the assessee on both issues. Case-Laws Income Tax Mon, 20 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26044