https://www.taxtmi.com/caselaws?id=25302 Section 18(2A) of the Wealth-tax Act empowers the Commissioner to reduce or waive minimum penalty where the assessee has made a full, voluntary and good-faith disclosure. The Commissioner may differentiate between assessment years on a rational basis, and the finality clause in section 18(2B) does not remove the High Court's writ jurisdiction. However, the Court will not substitute its own discretion for that of the statutory authority merely because another view is possible. On the facts, the Commissioner's different treatment of the years based on the length of delay in filing returns was held to be judicious, and no interference under Article 226 was warranted. en-us Thu, 18 Feb 1988 00:00:00 +0530 Wed, 27 Jan 2010 17:49:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25302 Section 18(2A) of the Wealth-tax Act empowers the Commissioner to reduce or waive minimum penalty where the assessee has made a full, voluntary and good-faith disclosure. The Commissioner may differentiate between assessment years on a rational basis, and the finality clause in section 18(2B) does not remove the High Court's writ jurisdiction. However, the Court will not substitute its own discretion for that of the statutory authority merely because another view is possible. On the facts, the Commissioner's different treatment of the years based on the length of delay in filing returns was held to be judicious, and no interference under Article 226 was warranted. Case-Laws Wealth-tax Thu, 18 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25302