1994 (9) TMI 8 - HC - Income Tax

Summary

The High Court of Kerala set aside the penalty imposed under section 17A(3) of the Agricultural Income-tax Act for late payment of taxes. The court remitted the matter back to the Agricultural Income-tax Officer for imposing penalties for non-payment of amounts due on the date of filing returns. The petitioner was held liable for penalties for the subsequent period after filing the returns. The writ petition was allowed with no order as to costs.