https://www.taxtmi.com/caselaws?id=39214 The High Court of Andhra Pradesh held that a partnership firm, M/s. Progressive Engineering Company, was liable to pay interest on income-tax for filing returns after receiving a notice under section 148 of the Income-tax Act. The court determined that the firm's failure to file returns within the specified time under section 139(1) made them liable for interest under clause (iii) of the proviso, even though the returns were filed in response to a notice. The judgment upheld the interest levy on the firm, dismissing the writ petitions and directing the firm to pay costs. en-us Wed, 11 Jul 1973 00:00:00 +0530 Tue, 13 Apr 2010 17:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39214 The High Court of Andhra Pradesh held that a partnership firm, M/s. Progressive Engineering Company, was liable to pay interest on income-tax for filing returns after receiving a notice under section 148 of the Income-tax Act. The court determined that the firm's failure to file returns within the specified time under section 139(1) made them liable for interest under clause (iii) of the proviso, even though the returns were filed in response to a notice. The judgment upheld the interest levy on the firm, dismissing the writ petitions and directing the firm to pay costs. Case-Laws Income Tax Wed, 11 Jul 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39214