https://www.taxtmi.com/caselaws?id=55122 The court upheld the decision of the Appellate Assistant Commissioner (AAC) regarding the penalty imposed for late submission of a return. The penalty was partially canceled but sustained for a period of 8 months due to failure to file Form No. 6. The court also ruled that extension applications filed after the due date can be valid, emphasizing the importance of the wording in Form No. 6 and distinguishing the case based on the timing of extension requests. The judgment supported the AAC's decision, highlighting legal principles and precedents. en-us Tue, 25 Sep 1990 00:00:00 +0530 Tue, 23 Nov 2010 17:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55122 The court upheld the decision of the Appellate Assistant Commissioner (AAC) regarding the penalty imposed for late submission of a return. The penalty was partially canceled but sustained for a period of 8 months due to failure to file Form No. 6. The court also ruled that extension applications filed after the due date can be valid, emphasizing the importance of the wording in Form No. 6 and distinguishing the case based on the timing of extension requests. The judgment supported the AAC's decision, highlighting legal principles and precedents. Case-Laws Income Tax Tue, 25 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55122