1996 (4) TMI 112

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....reference to this court of the following question of law for its opinion which pertains to the assessment for the year 1977-78 : " Whether in view of the fact that the assessment in this case was initially completed under section 143(1) of the Income-tax Act, 1961, on September 22, 1977, and in view of the provision of section 139(5) of the Income-tax Act restricting the fine for the filing of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t was completed and penalty was imposed. We feel somewhat handicapped as the proper relevant dates relating to issuance of notice, the subsequent assessment, etc., have not been mentioned in the paper book. Mr. Vidyarthi, learned counsel for the Revenue, submitted that the return filed on January 5, 1980, could not be a revised one under section 139(5) of the Act and it was, therefore, wrong to....