https://www.taxtmi.com/caselaws?id=282003 Penalty under section 56 of the Estate Duty Act, 1953 could not be imposed before completion of the estate duty assessment because the statutory measure of penalty depended on the duty payable and the amount remaining unpaid. Until the assessment machinery first determined the estate duty liability, the difference between duty payable and duty paid could not be ascertained, and the penalty could not be quantified on the basis required by the provision. The impugned penalty order was therefore unsustainable. en-us Fri, 12 Aug 1966 00:00:00 +0530 Wed, 17 Jul 2019 15:18:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282003 Penalty under section 56 of the Estate Duty Act, 1953 could not be imposed before completion of the estate duty assessment because the statutory measure of penalty depended on the duty payable and the amount remaining unpaid. Until the assessment machinery first determined the estate duty liability, the difference between duty payable and duty paid could not be ascertained, and the penalty could not be quantified on the basis required by the provision. The impugned penalty order was therefore unsustainable. Case-Laws Income Tax Fri, 12 Aug 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282003