https://www.taxtmi.com/caselaws?id=37206 The court upheld the constitutional validity of Expln. 2 to sub-s. (8) of s. 139 of the Income-tax Act, 1961, stating that it does not discriminate against registered firms and serves the purpose of compensating for revenue loss due to delayed filings. The court highlighted the legislative intent to treat registered and unregistered firms equally for interest and penalty provisions in case of default. en-us Tue, 11 Sep 1979 00:00:00 +0530 Sat, 27 Mar 2010 14:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37206 The court upheld the constitutional validity of Expln. 2 to sub-s. (8) of s. 139 of the Income-tax Act, 1961, stating that it does not discriminate against registered firms and serves the purpose of compensating for revenue loss due to delayed filings. The court highlighted the legislative intent to treat registered and unregistered firms equally for interest and penalty provisions in case of default. Case-Laws Income Tax Tue, 11 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37206