https://www.taxtmi.com/caselaws?id=55366 The tribunal allowed the appeal against the penalty imposed under section 273(c) of the Income Tax Act, 1961, as the provision for the penalty was not in force at the time of the offense committed. The tribunal emphasized that the penalty applicable is the one in force at the time of the offense, not at the time of conviction. As the offense occurred before the provision came into effect, the penalty under section 273(c) could not be imposed. The appeal was allowed solely on this legal ground, without considering any reasonable cause for the offense. en-us Tue, 13 Dec 1977 00:00:00 +0530 Fri, 26 Nov 2010 16:17:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55366 The tribunal allowed the appeal against the penalty imposed under section 273(c) of the Income Tax Act, 1961, as the provision for the penalty was not in force at the time of the offense committed. The tribunal emphasized that the penalty applicable is the one in force at the time of the offense, not at the time of conviction. As the offense occurred before the provision came into effect, the penalty under section 273(c) could not be imposed. The appeal was allowed solely on this legal ground, without considering any reasonable cause for the offense. Case-Laws Income Tax Tue, 13 Dec 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55366