https://www.taxtmi.com/caselaws?id=37671 The court dismissed the appeal, upholding the trial judge's decision. It concluded that the appellant's contentions lacked merit, and the statutory provisions were clear in mandating interest and allowing penalty proceedings for late filing of returns. The court emphasized strict adherence to the statutory language and dismissed the argument that the interpretation should favor the assessee when the statute is clear and unambiguous. en-us Wed, 17 Jul 1974 00:00:00 +0530 Wed, 31 Mar 2010 12:34:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37671 The court dismissed the appeal, upholding the trial judge's decision. It concluded that the appellant's contentions lacked merit, and the statutory provisions were clear in mandating interest and allowing penalty proceedings for late filing of returns. The court emphasized strict adherence to the statutory language and dismissed the argument that the interpretation should favor the assessee when the statute is clear and unambiguous. Case-Laws Income Tax Wed, 17 Jul 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37671