https://www.taxtmi.com/caselaws?id=14657 The Tribunal upheld the deletion of penalties imposed under section 18(1)(a) of the Wealth-tax Act, 1957, finding the assessee's explanation for the delay in filing returns constituted "sufficient cause." The Tribunal confirmed the Appellate Assistant Commissioner's decision, emphasizing the lack of legal issues and factual basis for the deletion of penalties. The High Court declined to address the questions referred, affirming the Tribunal's decision and returning the references unanswered. en-us Thu, 07 Sep 2000 00:00:00 +0530 Fri, 17 Jul 2009 17:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14657 The Tribunal upheld the deletion of penalties imposed under section 18(1)(a) of the Wealth-tax Act, 1957, finding the assessee's explanation for the delay in filing returns constituted "sufficient cause." The Tribunal confirmed the Appellate Assistant Commissioner's decision, emphasizing the lack of legal issues and factual basis for the deletion of penalties. The High Court declined to address the questions referred, affirming the Tribunal's decision and returning the references unanswered. Case-Laws Wealth-tax Thu, 07 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14657