The first appellateauthority found that there was a reasonablecause on the part of the assessee for notpaying the tax before filing the return.in view of 2ndproviso to section 221(1) of the Income Tax Act, no penalty could be imposed.

Excerpt: Admittedly, the entire stock and liquid cash were under the custody of the department. Under those circumstances, the first appellate authority found that there was a reasonable cause on the part of the assessee for not paying the tax before filing the return of income. This finding of the first appellate authority is not …

Access to information, under Section 3 of the Act, is the rule and exemptions under Section 8, the exception. Section 8 being a restriction on this fundamental right, must therefore is to be strictly construed. It should not be interpreted in manner as to shadow the very right itself.

Excerpt: Access to information, under Section 3 of the Act, is the rule and exemptions under Section 8, the exception. Section 8 being a restriction on this fundamental right, must therefore is to be strictly construed. It should not be interpreted in manner as to shadow the very right itself. Under Section 8, exemption from releasing information is granted if it …

irrespective of whether the discontinuance of the profession is temporary or permanent, income was liable to be included under the head ” Income from other Sources”.

Excerpt:irrespective of whether the discontinuance of the profession is temporary or permanent, income was liable to be included under the head " Income from other Sources". Calcutta High Court Mrs. Roma Bose vs Income-Tax Officer, "C" Ward And ... on 20 August, 1971 Equivalent citations: 1974 95 ITR 299 Cal Author: S Ghose Bench: S …