https://www.taxtmi.com/caselaws?id=28737 The High Court of Gujarat ruled in favor of the assessee in a case involving the imposition of a penalty for late submission of income tax returns. The court held that the penalty could not be sustained as the Income Tax Officer failed to render a decision on the extension applications, leading the assessee to believe the extension was granted. The court emphasized the ITO's duty to fairly consider and decide on extension requests and highlighted that penalties for late filing can only be imposed in cases of deliberate defiance of the law, which was not present in this situation. en-us Thu, 01 Jul 1982 00:00:00 +0530 Thu, 25 Feb 2010 12:52:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28737 The High Court of Gujarat ruled in favor of the assessee in a case involving the imposition of a penalty for late submission of income tax returns. The court held that the penalty could not be sustained as the Income Tax Officer failed to render a decision on the extension applications, leading the assessee to believe the extension was granted. The court emphasized the ITO's duty to fairly consider and decide on extension requests and highlighted that penalties for late filing can only be imposed in cases of deliberate defiance of the law, which was not present in this situation. Case-Laws Income Tax Thu, 01 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28737