https://www.taxtmi.com/highlights?id=5222 Penalty u/s 18(1)(c) of wealth tax act - Had the assessee been put to notice with respect to explanation(4) of section 18(1)(c) of the Act and consequently given opportunity to rebut the presumption, perhaps the situation would have been different. - HC en-us Mon, 10 Sep 2012 07:19:20 +0530 Mon, 10 Sep 2012 07:19:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=5222 Penalty u/s 18(1)(c) of wealth tax act - Had the assessee been put to notice with respect to explanation(4) of section 18(1)(c) of the Act and consequently given opportunity to rebut the presumption, perhaps the situation would have been different. - HC Highlights Wealth-tax Mon, 10 Sep 2012 07:19:20 +0530 https://www.taxtmi.com/highlights?id=5222