Penalty under wealth tax: officers must levy when applicable, or record detailed reasons for non-levy. Directs prompt levy of penalty u/s.18(1)(a) by Wealth Tax Officers when conditions are met; if an officer decides not to levy the penalty despite the provision being attracted, the officer must record on the order sheet detailed reasons for non-levy. The same procedure must be applied to penalties under the General Tax Act, and supervisory action, including disciplinary measures, will follow lapses.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Penalty under wealth tax: officers must levy when applicable, or record detailed reasons for non-levy.
Directs prompt levy of penalty u/s.18(1)(a) by Wealth Tax Officers when conditions are met; if an officer decides not to levy the penalty despite the provision being attracted, the officer must record on the order sheet detailed reasons for non-levy. The same procedure must be applied to penalties under the General Tax Act, and supervisory action, including disciplinary measures, will follow lapses.
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