https://www.taxtmi.com/caselaws?id=62466 After the amendment of section 18 of the Wealth-tax Act from 1 April 1976, jurisdiction to impose penalty vested in the Wealth-tax Officer alone. Because jurisdiction is procedural and must be tested by the law in force when power is exercised, a pending reference to the Inspecting Assistant Commissioner did not preserve his authority after the amendment withdrew it. The penalty order passed by the Inspecting Assistant Commissioner was therefore without jurisdiction and was cancelled. en-us Sat, 23 Sep 1978 00:00:00 +0530 Thu, 20 Jan 2011 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62466 After the amendment of section 18 of the Wealth-tax Act from 1 April 1976, jurisdiction to impose penalty vested in the Wealth-tax Officer alone. Because jurisdiction is procedural and must be tested by the law in force when power is exercised, a pending reference to the Inspecting Assistant Commissioner did not preserve his authority after the amendment withdrew it. The penalty order passed by the Inspecting Assistant Commissioner was therefore without jurisdiction and was cancelled. Case-Laws Wealth-tax Sat, 23 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62466