https://www.taxtmi.com/caselaws?id=309322 The Tribunal upheld the levy of penalty under Section 272A(2)(e) of the IT Act for the years when returns were not filed timely, noting the absence of departmental insistence for filing. It emphasized the legal obligation to file returns regardless of the assessed income and deemed the returns filed beyond time limits as 'Non est in law.' The Tribunal directed the re-computation of penalties within the prescribed time limits under Section 139(4) and validated the jurisdiction of JCIT, Kurnool, for penalty imposition. The penalty for the year 1997-98 was not upheld due to exceeding the time limit for filing returns. en-us Thu, 11 Feb 2010 00:00:00 +0530 Thu, 24 Aug 2023 14:50:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309322 The Tribunal upheld the levy of penalty under Section 272A(2)(e) of the IT Act for the years when returns were not filed timely, noting the absence of departmental insistence for filing. It emphasized the legal obligation to file returns regardless of the assessed income and deemed the returns filed beyond time limits as 'Non est in law.' The Tribunal directed the re-computation of penalties within the prescribed time limits under Section 139(4) and validated the jurisdiction of JCIT, Kurnool, for penalty imposition. The penalty for the year 1997-98 was not upheld due to exceeding the time limit for filing returns. Case-Laws Income Tax Thu, 11 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309322