https://www.taxtmi.com/caselaws?id=240877 The court partly allowed the writ petition, ruling that penalty amounts under the Wealth Tax Act for certain assessment years could not be recovered from the petitioner. However, for income tax demands, including penalties for a specific assessment year, recovery proceedings could be initiated after the dispute was resolved through an order under Section 170(3) of the Income Tax Act. The petitioner retained the right to appeal any adverse order, and the writ petition was disposed of without costs. en-us Wed, 20 Nov 2013 00:00:00 +0530 Fri, 13 Dec 2013 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240877 The court partly allowed the writ petition, ruling that penalty amounts under the Wealth Tax Act for certain assessment years could not be recovered from the petitioner. However, for income tax demands, including penalties for a specific assessment year, recovery proceedings could be initiated after the dispute was resolved through an order under Section 170(3) of the Income Tax Act. The petitioner retained the right to appeal any adverse order, and the writ petition was disposed of without costs. Case-Laws Income Tax Wed, 20 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240877