https://www.taxtmi.com/caselaws?id=29303 The High Court affirmed the Tribunal's decision to uphold the penalty imposed on the assessee under section 273(b) of the Income Tax Act for non-filing of the estimate under section 212(3). The Court found that the penalty was justified based on the facts presented, including the failure to file the required estimate despite uncertainties. The Court ruled in favor of the Revenue and against the assessee, with no costs awarded. en-us Mon, 04 Jan 1982 00:00:00 +0530 Fri, 12 Mar 2010 10:57:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29303 The High Court affirmed the Tribunal's decision to uphold the penalty imposed on the assessee under section 273(b) of the Income Tax Act for non-filing of the estimate under section 212(3). The Court found that the penalty was justified based on the facts presented, including the failure to file the required estimate despite uncertainties. The Court ruled in favor of the Revenue and against the assessee, with no costs awarded. Case-Laws Income Tax Mon, 04 Jan 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29303