https://www.taxtmi.com/caselaws?id=23991 The High Court held in favor of the assessee in a case involving penalties under section 18(1)(a) of the Wealth-tax Act. The Court emphasized the importance of natural justice principles and ruled that the absence of proper notice to the assessee rendered the penalty imposition illegal. It was highlighted that the successor-officer should have provided a second notice due to a significant gap between hearings, rejecting the Department's argument based on the assessee's earlier default. The penalty orders were quashed, and costs were awarded to the assessee. en-us Fri, 21 Jul 1989 00:00:00 +0530 Fri, 15 Jan 2010 16:51:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23991 The High Court held in favor of the assessee in a case involving penalties under section 18(1)(a) of the Wealth-tax Act. The Court emphasized the importance of natural justice principles and ruled that the absence of proper notice to the assessee rendered the penalty imposition illegal. It was highlighted that the successor-officer should have provided a second notice due to a significant gap between hearings, rejecting the Department's argument based on the assessee's earlier default. The penalty orders were quashed, and costs were awarded to the assessee. Case-Laws Wealth-tax Fri, 21 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23991