CIT vs M/S. Vegetables Products Ltd. (Supreme Court) 88 ITR 192

Supreme Court of India The Commissioner Of Income-Tax vs M/S. Vegetables Products Ltd Date Of Judgement – 29/01/1973 Equivalent citations: 1973 AIR 927, 1973 SCR (3) 448, 88 ITR 192 Author: K Hegde Bench: Hegde, K.S. ACT : Income Tax Act (43 of 1961), ss. 143, 156 and 271(1)(a)(i) – Penalty-Whether related to tax assessed or tax payable. HEADNOTE : The assessee failed to furnish the return of its income within the time allowed but submitted the return after a notice under s. 28(3) of: the Income-tax Act, 1922, was served on him. A provisional assessment was made by...