https://www.taxtmi.com/caselaws?id=23321 The court held that filing wealth-tax returns under Section 15 does not exempt petitioners from penal liability under Section 35B. The initiation of penalty proceedings does not bar criminal prosecution, which can proceed independently. The determination of wilful default is a factual issue for trial, with prima facie evidence supporting wilful default by the petitioners. The court dismissed the criminal revision petitions, directing the trial court to proceed as per the law. en-us Fri, 16 Mar 1990 00:00:00 +0530 Fri, 18 Dec 2009 13:03:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23321 The court held that filing wealth-tax returns under Section 15 does not exempt petitioners from penal liability under Section 35B. The initiation of penalty proceedings does not bar criminal prosecution, which can proceed independently. The determination of wilful default is a factual issue for trial, with prima facie evidence supporting wilful default by the petitioners. The court dismissed the criminal revision petitions, directing the trial court to proceed as per the law. Case-Laws Wealth-tax Fri, 16 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23321