https://www.taxtmi.com/caselaws?id=29199 The court enhanced the fines imposed on a limited company, its managing agent, and principal officer for failing to deposit taxes and submit annual returns under the Income Tax Act, 1961. The original sentences were deemed lenient and disregarded the law's provisions and circumstances of the case. The delays in depositing taxes were found significant, leading to financial loss for the government. The court increased the fines to Rs. 2,000 each for two opposite parties, emphasizing the need to rectify the leniency in sentencing and uphold legal provisions. The sentence for the third opposite party remained unchanged. en-us Thu, 16 Nov 1978 00:00:00 +0530 Thu, 11 Mar 2010 13:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29199 The court enhanced the fines imposed on a limited company, its managing agent, and principal officer for failing to deposit taxes and submit annual returns under the Income Tax Act, 1961. The original sentences were deemed lenient and disregarded the law's provisions and circumstances of the case. The delays in depositing taxes were found significant, leading to financial loss for the government. The court increased the fines to Rs. 2,000 each for two opposite parties, emphasizing the need to rectify the leniency in sentencing and uphold legal provisions. The sentence for the third opposite party remained unchanged. Case-Laws Income Tax Thu, 16 Nov 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29199