Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1971 (7) TMI 45 - ALLAHABAD HIGH COURT
Whether, on the facts and in the circumstances of the case, the penalty of Rs. 6,600 levied under section 271(1)(c) of the Act of 1961 was rightly cancelled - Whether penalty could be levied in the reassessment proceedings for default in the original assessment – held that penalty can be imposed during the course of proceedings under section 34 in respect of a default committed during the original assessment proceedings - we answer the question as reframed by us in the negative, in favour of the department and against the assessee