https://www.taxtmi.com/highlights?id=65469 Cognizance of offence u/s 276CC - non filing of ITR - requirement of mens rea - When the amount in question along with the interest has already been paid, no sentence can be imposed under that provision unless the element of mens rea is established and the intention of the Legislature is that the penalty should serve as a deterrent. In the Act, it has been provided how to proceed if a particular assessee is not filing the return on time, which suggests that it is civil obligation. - HC en-us Mon, 05 Sep 2022 17:27:29 +0530 Mon, 05 Sep 2022 17:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65469 Cognizance of offence u/s 276CC - non filing of ITR - requirement of mens rea - When the amount in question along with the interest has already been paid, no sentence can be imposed under that provision unless the element of mens rea is established and the intention of the Legislature is that the penalty should serve as a deterrent. In the Act, it has been provided how to proceed if a particular assessee is not filing the return on time, which suggests that it is civil obligation. - HC Highlights Income Tax Mon, 05 Sep 2022 17:27:29 +0530 https://www.taxtmi.com/highlights?id=65469