https://www.taxtmi.com/caselaws?id=19373 The court upheld the Tribunal's decision to cancel the penalty imposed under section 18(1)(a) of the Wealth-tax Act, ruling in favor of the assessee and against the Revenue. The judgment emphasized the lack of jurisdiction to levy penalties on disrupted Hindu undivided families under the relevant provisions of the Act, leading to the justification of penalty cancellation in this instance. en-us Tue, 10 Jan 1995 00:00:00 +0530 Thu, 05 Nov 2009 17:04:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19373 The court upheld the Tribunal's decision to cancel the penalty imposed under section 18(1)(a) of the Wealth-tax Act, ruling in favor of the assessee and against the Revenue. The judgment emphasized the lack of jurisdiction to levy penalties on disrupted Hindu undivided families under the relevant provisions of the Act, leading to the justification of penalty cancellation in this instance. Case-Laws Wealth-tax Tue, 10 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19373