https://www.taxtmi.com/circulars?id=8865 Penalty under section 15B(3) of the Wealth-tax Act, 1957 shall be administered by applying the Board's Instruction No. 389 regarding levy of penalty under section 140A(3) of the Income-tax Act, 1961 mutatis mutandis, because the two provisions are similar in scope and nature, and officers are to be notified accordingly. en-us Fri, 26 May 1972 00:00:00 +0530 Mon, 30 May 2011 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8865 Penalty under section 15B(3) of the Wealth-tax Act, 1957 shall be administered by applying the Board's Instruction No. 389 regarding levy of penalty under section 140A(3) of the Income-tax Act, 1961 mutatis mutandis, because the two provisions are similar in scope and nature, and officers are to be notified accordingly. Circulars Income Tax Fri, 26 May 1972 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8865