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1971 (3) TMI 42 - PUNJAB AND HARYANA HIGH COURTReturn of income for the assessment year 1961-62 was filed beyond the time limits and the assessment was completed after 1st April, 1962 - section 271 of the 1961 Act will apply to the present case because the assessment was completed after 1st of April,1962 - There is no warrant for holding that part of the penalty would be under the 1922 Act and part under the 1961 Act - provision of section 271 of the Act of 1961 will apply mutatis mutandis to proceedings relating to penalty initiated in accordance with section 297(2)(g) of that Act
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