https://www.taxtmi.com/caselaws?id=27438 The Court upheld the imposition of a penalty under section 271(1)(a) of the Income Tax Act for failure to submit a return despite no notice under section 139(2) being served. The Tribunal and Court affirmed the penalty under section 139(1) was justified, emphasizing the continuity of default even without notice under section 139(2). The decision favored the Revenue, directing each party to bear their own costs. The judgment highlighted the ITO's authority to levy penalties based on the nature of default, supporting penalties under section 139(1) even without notice under section 139(2). en-us Thu, 09 Aug 1984 00:00:00 +0530 Fri, 12 Feb 2010 17:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27438 The Court upheld the imposition of a penalty under section 271(1)(a) of the Income Tax Act for failure to submit a return despite no notice under section 139(2) being served. The Tribunal and Court affirmed the penalty under section 139(1) was justified, emphasizing the continuity of default even without notice under section 139(2). The decision favored the Revenue, directing each party to bear their own costs. The judgment highlighted the ITO's authority to levy penalties based on the nature of default, supporting penalties under section 139(1) even without notice under section 139(2). Case-Laws Income Tax Thu, 09 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27438