https://www.taxtmi.com/caselaws?id=58610 The Tribunal held that the penalty imposed under section 271(1)(a) for delayed submission of the return should be quantified for the unexplained delay period from 1-10-1979 to 24-1-1981, totaling 15 complete months. The delay covered by the extension application was excluded from the penalty calculation. The Tribunal considered the appellant's major heart attack but emphasized that the period after the heart attack fell chronologically at the end of the total delay, questioning its exemption from penalty. The appeal was partly allowed for statistical purposes, with the exact penalty amount to be determined by the Assessing Officer. en-us Thu, 05 Jul 1990 00:00:00 +0530 Mon, 20 Dec 2010 18:17:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58610 The Tribunal held that the penalty imposed under section 271(1)(a) for delayed submission of the return should be quantified for the unexplained delay period from 1-10-1979 to 24-1-1981, totaling 15 complete months. The delay covered by the extension application was excluded from the penalty calculation. The Tribunal considered the appellant's major heart attack but emphasized that the period after the heart attack fell chronologically at the end of the total delay, questioning its exemption from penalty. The appeal was partly allowed for statistical purposes, with the exact penalty amount to be determined by the Assessing Officer. Case-Laws Income Tax Thu, 05 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58610