https://www.taxtmi.com/caselaws?id=29283 The High Court found that the petitioner's returns were voluntary under Section 273A of the Income-tax Act as they were filed without coercion or notice prompting the filing. The Court disagreed with the Commissioner's narrow interpretation of "voluntary" and emphasized the legislative intent to encourage voluntary disclosures. Penalty proceedings initiated under Section 271(1)(a) and interest charged under Section 139(8) were deemed unjustified as the returns were filed voluntarily and in good faith. The Court set aside the Commissioner's orders, remanding the cases for fresh decisions and invalidating the penalty proceedings pending the Commissioner's reconsideration. en-us Tue, 28 Apr 1981 00:00:00 +0530 Fri, 12 Mar 2010 10:01:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29283 The High Court found that the petitioner's returns were voluntary under Section 273A of the Income-tax Act as they were filed without coercion or notice prompting the filing. The Court disagreed with the Commissioner's narrow interpretation of "voluntary" and emphasized the legislative intent to encourage voluntary disclosures. Penalty proceedings initiated under Section 271(1)(a) and interest charged under Section 139(8) were deemed unjustified as the returns were filed voluntarily and in good faith. The Court set aside the Commissioner's orders, remanding the cases for fresh decisions and invalidating the penalty proceedings pending the Commissioner's reconsideration. Case-Laws Income Tax Tue, 28 Apr 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29283