https://www.taxtmi.com/caselaws?id=24185 The court allowed the appeals, ruling that the invocation of Section 17(1) of the Wealth-tax Act was unjustified as there was no reasonable basis for believing wealth had escaped assessment. It was found that Section 21A did not impose an obligation on the trust to file returns, and the notice issued to the trust was invalid due to improper addressing and service. The court held that assessment should be on the trustee or manager, not the trust itself. The appeals were allowed with no order as to costs. en-us Thu, 20 Apr 1989 00:00:00 +0530 Mon, 18 Jan 2010 12:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24185 The court allowed the appeals, ruling that the invocation of Section 17(1) of the Wealth-tax Act was unjustified as there was no reasonable basis for believing wealth had escaped assessment. It was found that Section 21A did not impose an obligation on the trust to file returns, and the notice issued to the trust was invalid due to improper addressing and service. The court held that assessment should be on the trustee or manager, not the trust itself. The appeals were allowed with no order as to costs. Case-Laws Wealth-tax Thu, 20 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24185