Continuing default penalty ends when voluntary charitable-trust return filing becomes legally impossible, requiring recomputation of the penalty period.

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....Penalty for a charitable trust's failure to file a return under section 139(4A) should run only while voluntary filing remains legally available under section 139(4). Once the belated-return period expires, the trust has no statutory right to file a valid return voluntarily; a return filed after notice under section 148 follows an independent mechanism. Treating the default as continuing after voluntary compliance becomes impossible would require performance of an impossibility. Accordingly, penalty under section 272A(2)(e) is to be recomputed by limiting the default period to the last date for filing a belated return under section 139(4).....