https://www.taxtmi.com/caselaws?id=67054 The Tribunal allowed the appeal, canceling the penalty imposed under section 18(1)(a) of the Wealth Tax Act for delayed filing of the wealth tax return. The Tribunal held that the delay in filing the income tax return constituted a reasonable cause for the delay in filing the wealth tax return, following a legal precedent cited during the proceedings. en-us Fri, 29 Jul 1983 00:00:00 +0530 Tue, 08 Mar 2011 18:28:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67054 The Tribunal allowed the appeal, canceling the penalty imposed under section 18(1)(a) of the Wealth Tax Act for delayed filing of the wealth tax return. The Tribunal held that the delay in filing the income tax return constituted a reasonable cause for the delay in filing the wealth tax return, following a legal precedent cited during the proceedings. Case-Laws Wealth-tax Fri, 29 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67054