https://www.taxtmi.com/caselaws?id=19456 The court held that the Dilawar Syndicate (P) Ltd. acted as the agent of non-resident taxpayers without the necessity of formal notices under section 22(2) of the Wealth-tax Act, 1957. As the syndicate voluntarily filed returns and represented the taxpayers, it was deemed the statutory agent, allowing for penalty imposition without further notices. The court ruled in favor of the Revenue, upholding the penalties imposed by the Wealth-tax Officer for late submission of returns. The judgment clarified the roles of agents in filing wealth-tax returns for non-resident individuals, emphasizing voluntary actions in establishing agency status. en-us Wed, 21 Oct 1992 00:00:00 +0530 Fri, 06 Nov 2009 12:39:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19456 The court held that the Dilawar Syndicate (P) Ltd. acted as the agent of non-resident taxpayers without the necessity of formal notices under section 22(2) of the Wealth-tax Act, 1957. As the syndicate voluntarily filed returns and represented the taxpayers, it was deemed the statutory agent, allowing for penalty imposition without further notices. The court ruled in favor of the Revenue, upholding the penalties imposed by the Wealth-tax Officer for late submission of returns. The judgment clarified the roles of agents in filing wealth-tax returns for non-resident individuals, emphasizing voluntary actions in establishing agency status. Case-Laws Wealth-tax Wed, 21 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19456