https://www.taxtmi.com/caselaws?id=65114 The ITAT partly allowed the appeals, upholding penalties for late filing of wealth tax returns for 1966-67 and 1967-68 but directed the calculation of penalties based on the law applicable during the respective default years. The decision aligned with previous judicial interpretations regarding penalty calculations for delayed filings. en-us Wed, 10 May 1978 00:00:00 +0530 Sat, 12 Feb 2011 14:13:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65114 The ITAT partly allowed the appeals, upholding penalties for late filing of wealth tax returns for 1966-67 and 1967-68 but directed the calculation of penalties based on the law applicable during the respective default years. The decision aligned with previous judicial interpretations regarding penalty calculations for delayed filings. Case-Laws Wealth-tax Wed, 10 May 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65114