https://www.taxtmi.com/caselaws?id=38336 The court held that a return filed under section 139(4) is not considered as filed within the time prescribed by section 139(1). It also concluded that an assessee is legally liable to penalty under section 271(1)(a) for failing to furnish returns within the time allowed by section 139(1). The court ruled against the assessee on both issues, directing the transmission of the answers and opinion to the Income-tax Appellate Tribunal. en-us Wed, 05 Apr 1978 00:00:00 +0530 Mon, 05 Apr 2010 16:36:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38336 The court held that a return filed under section 139(4) is not considered as filed within the time prescribed by section 139(1). It also concluded that an assessee is legally liable to penalty under section 271(1)(a) for failing to furnish returns within the time allowed by section 139(1). The court ruled against the assessee on both issues, directing the transmission of the answers and opinion to the Income-tax Appellate Tribunal. Case-Laws Income Tax Wed, 05 Apr 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38336