https://www.taxtmi.com/caselaws?id=38790 The court held that the provisions of Section 271(1) before the 1968 amendment should apply, disagreed that the Explanation added in 1964 wouldn't apply to certain assessment years, affirmed the principle of Anwar Ali's case post-1964 amendment, and found the penalties imposed exceeded the Inspecting Assistant Commissioner's jurisdiction. The Tribunal's decisions were upheld, awarding the assessee costs of Rs. 300. en-us Thu, 22 May 1975 00:00:00 +0530 Fri, 09 Apr 2010 10:55:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38790 The court held that the provisions of Section 271(1) before the 1968 amendment should apply, disagreed that the Explanation added in 1964 wouldn't apply to certain assessment years, affirmed the principle of Anwar Ali's case post-1964 amendment, and found the penalties imposed exceeded the Inspecting Assistant Commissioner's jurisdiction. The Tribunal's decisions were upheld, awarding the assessee costs of Rs. 300. Case-Laws Income Tax Thu, 22 May 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38790