https://www.taxtmi.com/caselaws?id=286103 The High Court directed the Tribunal to state a case and refer questions of law arising from its order under the Wealth Tax Act, 1957. The Tribunal's decision to cancel penalties imposed on the assessee was upheld, emphasizing the importance of assessing the conduct of the assessee in penalty proceedings. The dispute over the appeal jurisdiction of the ITAT under section 18(2A) was resolved in favor of entertaining the appeal. The judgment highlights the significance of precise legal interpretations in tax law proceedings, particularly regarding orders, appeal jurisdiction, conduct assessment, and the Tribunal's obligation to refer questions of law. en-us Wed, 05 Dec 1979 00:00:00 +0530 Wed, 12 Feb 2020 12:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286103 The High Court directed the Tribunal to state a case and refer questions of law arising from its order under the Wealth Tax Act, 1957. The Tribunal's decision to cancel penalties imposed on the assessee was upheld, emphasizing the importance of assessing the conduct of the assessee in penalty proceedings. The dispute over the appeal jurisdiction of the ITAT under section 18(2A) was resolved in favor of entertaining the appeal. The judgment highlights the significance of precise legal interpretations in tax law proceedings, particularly regarding orders, appeal jurisdiction, conduct assessment, and the Tribunal's obligation to refer questions of law. Case-Laws Wealth-tax Wed, 05 Dec 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286103