https://www.taxtmi.com/caselaws?id=67403 A legal representative was held not liable for penalty under section 15-B of the Wealth-tax Act because section 19(3) extended only specified provisions to executors, administrators and other legal representatives, and not section 15-B; the penal liability remained confined to the person who committed the default. On penalty quantum, an amendment enhancing the penalty could not be applied to defaults committed before the amendment, so the earlier maximum rate alone governed. The legal heir was thus protected from penalty, and the enhanced amended rate was inapplicable. en-us Wed, 22 Nov 1989 00:00:00 +0530 Wed, 01 Feb 2012 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67403 A legal representative was held not liable for penalty under section 15-B of the Wealth-tax Act because section 19(3) extended only specified provisions to executors, administrators and other legal representatives, and not section 15-B; the penal liability remained confined to the person who committed the default. On penalty quantum, an amendment enhancing the penalty could not be applied to defaults committed before the amendment, so the earlier maximum rate alone governed. The legal heir was thus protected from penalty, and the enhanced amended rate was inapplicable. Case-Laws Income Tax Wed, 22 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67403