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1972 (9) TMI 45 - KERALA HIGH COURTThe Income-tax Officer called upon the assessee during the years mentioned above to pay advance tax under section 18A(1) of the Indian Income-tax Act of 1922. Instead of paying the demanded amounts, the assessee filed estimates under section 18A(2) and on the basis of the said estimates paid advance tax. Ultimately, for the several years, he filed returns ; and the Income-tax Officer finally determined his incomes too - When the assessee estimates the advance tax payable consistently at lower figure for several figures and the returned income being much higher and the assessed income being still higher, whether penalty under section 18A(9)(a) can be levied on the assessee
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