https://www.taxtmi.com/caselaws?id=37408 The Full Bench of the Andhra Pradesh High Court ruled that interest is chargeable for late filing of returns, regardless of whether the time was extended upon the assessee's application. The court emphasized the statutory language and rejected the argument that interest should only apply when the time is extended at the assessee's request. The judgment favored the tax department, holding that interest is payable for late filing beyond the prescribed time, as per notice under s. 139(2). The decision supported the department's imposition of interest for late filing without extension application. en-us Fri, 25 Aug 1978 00:00:00 +0530 Mon, 29 Mar 2010 14:11:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37408 The Full Bench of the Andhra Pradesh High Court ruled that interest is chargeable for late filing of returns, regardless of whether the time was extended upon the assessee's application. The court emphasized the statutory language and rejected the argument that interest should only apply when the time is extended at the assessee's request. The judgment favored the tax department, holding that interest is payable for late filing beyond the prescribed time, as per notice under s. 139(2). The decision supported the department's imposition of interest for late filing without extension application. Case-Laws Income Tax Fri, 25 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37408