Penalty jurisdiction under the Wealth-tax Act remained unresolved pending a supplementary statement on the date of reference.

The note concerns the Inspecting Assistant Commissioner's jurisdiction to impose a penalty after amendment of section 18(3) of the Wealth-tax Act, and whether a composite penalty order could stand for the concealment initially detected by the Wealth-tax Officer. The High Court did not decide those substantive questions at this stage; it directed the Tribunal to furnish a supplementary statement of the case showing the date on which the matter was referred by the Wealth-tax Officer to the Inspecting Assistant Commissioner, and ordered the reference to be listed for further hearing.

---

---

Issues: Whether the Inspecting Assistant Commissioner had jurisdiction to impose penalty after the amendment of section 18(3) of the Wealth-tax Act, and whether the composite penalty order could be sustained in respect of the part of concealment originally detected by the Wealth-tax Officer.

Outcome: The Tribunal was directed to send a supplementary statement of the case stating the date on which the matter was referred by the Wealth-tax Officer to the Inspecting Assistant Commissioner, and the reference was ordered to be listed for further hearing. No final adjudication was made on the referred questions.

---