https://www.taxtmi.com/caselaws?id=36792 The court ruled in favor of the department, affirming the legality of penalties imposed under section 271(1)(a) of the Income Tax Act, 1961, for delays in filing returns. The court emphasized that the penalty does not require proof of contumacious conduct but rather the absence of a reasonable cause for the delay. It was held that penalties are valid even if the return was filed within the time allowed under section 139(4). The court also determined that the penalty amount can be calculated as a proportion of the tax inclusive of additional surcharge. en-us Mon, 24 Jul 1978 00:00:00 +0530 Wed, 24 Mar 2010 15:52:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36792 The court ruled in favor of the department, affirming the legality of penalties imposed under section 271(1)(a) of the Income Tax Act, 1961, for delays in filing returns. The court emphasized that the penalty does not require proof of contumacious conduct but rather the absence of a reasonable cause for the delay. It was held that penalties are valid even if the return was filed within the time allowed under section 139(4). The court also determined that the penalty amount can be calculated as a proportion of the tax inclusive of additional surcharge. Case-Laws Income Tax Mon, 24 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36792