https://www.taxtmi.com/caselaws?id=39793 The High Court upheld the imposition of a penalty under Section 271(1)(c) of the Income-tax Act, 1961, dismissing a writ petition challenging the same. The court ruled that the Explanation to Section 271(1)(c) applies to returns filed after April 1, 1964, regardless of the income period. It found no violation of Article 14, stating the Explanation's classification is rational and related to preventing tax evasion. The petition was dismissed with costs, and the court discharged the rule issued. en-us Fri, 25 May 1973 00:00:00 +0530 Tue, 20 Apr 2010 13:04:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39793 The High Court upheld the imposition of a penalty under Section 271(1)(c) of the Income-tax Act, 1961, dismissing a writ petition challenging the same. The court ruled that the Explanation to Section 271(1)(c) applies to returns filed after April 1, 1964, regardless of the income period. It found no violation of Article 14, stating the Explanation's classification is rational and related to preventing tax evasion. The petition was dismissed with costs, and the court discharged the rule issued. Case-Laws Income Tax Fri, 25 May 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39793