https://www.taxtmi.com/caselaws?id=17498 The High Court held that penalty under section 18(1)(a) of the Wealth-tax Act, 1957 could be imposed on the executor assessed under section 19A. The court determined that the executor's failure to file the wealth return on time made him liable for the penalty, as he was required to furnish the return under section 14(1) of the Act. The court rejected the executor's argument and ruled in favor of the Revenue, dismissing reliance on decisions involving legal representatives. The court directed the order to be sent to the Income-tax Appellate Tribunal for further action. en-us Wed, 05 Mar 1997 00:00:00 +0530 Tue, 22 Sep 2009 17:07:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17498 The High Court held that penalty under section 18(1)(a) of the Wealth-tax Act, 1957 could be imposed on the executor assessed under section 19A. The court determined that the executor's failure to file the wealth return on time made him liable for the penalty, as he was required to furnish the return under section 14(1) of the Act. The court rejected the executor's argument and ruled in favor of the Revenue, dismissing reliance on decisions involving legal representatives. The court directed the order to be sent to the Income-tax Appellate Tribunal for further action. Case-Laws Wealth-tax Wed, 05 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17498