https://www.taxtmi.com/caselaws?id=38706 The High Court of PUNJAB AND HARYANA ruled that applications for extension of time to file a return under u/s 139(2) can be made even after the prescribed period. The court found that the word "extend" did not impose a limitation on when such applications could be filed. Consequently, the penalty imposed on the assessee for late filing was reduced, and the Tribunal was directed to reassess the penalty based on the new interpretation. No costs were awarded in this case. en-us Wed, 27 Oct 1976 00:00:00 +0530 Thu, 08 Apr 2010 14:59:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38706 The High Court of PUNJAB AND HARYANA ruled that applications for extension of time to file a return under u/s 139(2) can be made even after the prescribed period. The court found that the word "extend" did not impose a limitation on when such applications could be filed. Consequently, the penalty imposed on the assessee for late filing was reduced, and the Tribunal was directed to reassess the penalty based on the new interpretation. No costs were awarded in this case. Case-Laws Income Tax Wed, 27 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38706