https://www.taxtmi.com/caselaws?id=22457 The Allahabad HC treated three Wealth-tax Act issues as questions of law arising from the Tribunal's order: condonation of delay in filing the return for AY 1972-73 despite rejection of extension, the starting point for condoning delay in penalty proceedings under section 18(1)(a) for AYs 1973-74 to 1980-81, and the cancellation or reduction of penalties on the basis of reasonable cause. The Revenue's application under section 27(1) was allowed, and the Tribunal was directed under section 27(3) to state and refer all three questions for the Court's opinion. en-us Mon, 10 Dec 1990 00:00:00 +0530 Thu, 10 Dec 2009 12:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22457 The Allahabad HC treated three Wealth-tax Act issues as questions of law arising from the Tribunal's order: condonation of delay in filing the return for AY 1972-73 despite rejection of extension, the starting point for condoning delay in penalty proceedings under section 18(1)(a) for AYs 1973-74 to 1980-81, and the cancellation or reduction of penalties on the basis of reasonable cause. The Revenue's application under section 27(1) was allowed, and the Tribunal was directed under section 27(3) to state and refer all three questions for the Court's opinion. Case-Laws Wealth-tax Mon, 10 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22457