https://www.taxtmi.com/caselaws?id=27911 The High Court held that penalty provisions under section 271 of the Income-tax Act should be based on the law in force at the time of the offense, typically when the original return was filed. It rejected the argument that subsequent filings or assessment proceedings should determine penalty imposition. The Court emphasized the importance of the offense date in applying relevant penalty provisions, ruling in favor of applying pre-1964 amendment laws for penalty assessments for specific assessment years. en-us Mon, 16 Nov 1981 00:00:00 +0530 Tue, 16 Feb 2010 17:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27911 The High Court held that penalty provisions under section 271 of the Income-tax Act should be based on the law in force at the time of the offense, typically when the original return was filed. It rejected the argument that subsequent filings or assessment proceedings should determine penalty imposition. The Court emphasized the importance of the offense date in applying relevant penalty provisions, ruling in favor of applying pre-1964 amendment laws for penalty assessments for specific assessment years. Case-Laws Income Tax Mon, 16 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27911