https://www.taxtmi.com/caselaws?id=66934 The Tribunal partially allowed WT Appeal No. 255 of 1983, reducing the delay period for the assessment year 1976-77 due to a calculation error, while dismissing WT Appeal No. 256 of 1983 entirely. The Tribunal directed a recalculation of the penalty amount based on the revised delay period, emphasizing the need for independent justification for delays in filing income-tax and wealth-tax returns. en-us Thu, 14 Feb 1985 00:00:00 +0530 Tue, 08 Mar 2011 12:15:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66934 The Tribunal partially allowed WT Appeal No. 255 of 1983, reducing the delay period for the assessment year 1976-77 due to a calculation error, while dismissing WT Appeal No. 256 of 1983 entirely. The Tribunal directed a recalculation of the penalty amount based on the revised delay period, emphasizing the need for independent justification for delays in filing income-tax and wealth-tax returns. Case-Laws Wealth-tax Thu, 14 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66934