https://www.taxtmi.com/caselaws?id=56970 The Appellate Tribunal reversed the Deputy Commissioner of Income-tax (Appeals)'s decision and reinstated the penalty of Rs. 10,140 under section 140A(3) of the Income-tax Act, 1961. This decision was in favor of the Revenue, emphasizing the significance of adhering to tax payment obligations and the legal consequences of failing to pay self-assessment tax on time. en-us Thu, 08 Feb 1990 00:00:00 +0530 Tue, 07 Dec 2010 15:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56970 The Appellate Tribunal reversed the Deputy Commissioner of Income-tax (Appeals)'s decision and reinstated the penalty of Rs. 10,140 under section 140A(3) of the Income-tax Act, 1961. This decision was in favor of the Revenue, emphasizing the significance of adhering to tax payment obligations and the legal consequences of failing to pay self-assessment tax on time. Case-Laws Income Tax Thu, 08 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56970