https://www.taxtmi.com/caselaws?id=36540 The court upheld the imposition of penalties for failure to furnish returns under section 139(1) and ruled that the default continues until the return is filed or assessment is made. The court also found that the burden to establish a reasonable cause for the delay in filing returns rested with the assessee, who failed to provide sufficient justification. The issue of interpreting "the amount of tax payable" was not pursued by the assessee. Consequently, the court ruled in favor of the revenue and awarded costs in their favor. en-us Wed, 30 Apr 1980 00:00:00 +0530 Wed, 16 May 2018 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36540 The court upheld the imposition of penalties for failure to furnish returns under section 139(1) and ruled that the default continues until the return is filed or assessment is made. The court also found that the burden to establish a reasonable cause for the delay in filing returns rested with the assessee, who failed to provide sufficient justification. The issue of interpreting "the amount of tax payable" was not pursued by the assessee. Consequently, the court ruled in favor of the revenue and awarded costs in their favor. Case-Laws Income Tax Wed, 30 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36540