https://www.taxtmi.com/caselaws?id=55808 The tribunal ruled in favor of the assessee, stating that the penalty imposition of Rs. 3,000 under s. 273(c) of the Act was not justified as the Income-tax Officer did not express satisfaction of the default. The appeal was allowed. en-us Wed, 14 Dec 1977 00:00:00 +0530 Tue, 30 Nov 2010 12:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55808 The tribunal ruled in favor of the assessee, stating that the penalty imposition of Rs. 3,000 under s. 273(c) of the Act was not justified as the Income-tax Officer did not express satisfaction of the default. The appeal was allowed. Case-Laws Income Tax Wed, 14 Dec 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55808