https://www.taxtmi.com/caselaws?id=37414 The High Court held that penalties under section 271(1)(a) could be levied for the default under section 139(1) even if the assessee filed the return after receiving a notice under section 139(2). The Court disagreed with the Tribunal's reasoning that issuing a notice under section 139(2) condoned the delay under section 139(1. The default under section 139(1) continues until the return is filed, and the notice under section 139(2) does not absolve this default. The High Court ruled in favor of the revenue, directing the Tribunal to consider other points in the appeal and ordered the assessee to pay costs. en-us Tue, 23 Jan 1979 00:00:00 +0530 Mon, 29 Mar 2010 15:26:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37414 The High Court held that penalties under section 271(1)(a) could be levied for the default under section 139(1) even if the assessee filed the return after receiving a notice under section 139(2). The Court disagreed with the Tribunal's reasoning that issuing a notice under section 139(2) condoned the delay under section 139(1. The default under section 139(1) continues until the return is filed, and the notice under section 139(2) does not absolve this default. The High Court ruled in favor of the revenue, directing the Tribunal to consider other points in the appeal and ordered the assessee to pay costs. Case-Laws Income Tax Tue, 23 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37414