https://www.taxtmi.com/caselaws?id=26273 The High Court upheld the Tribunal's decision in a wealth-tax case involving late filing of returns, emphasizing the importance of the reasonableness of the explanation for the delay. The court reiterated that factual findings regarding the reasonableness of the belief for late filing should be respected unless there is no evidence or substantial legal question. It affirmed the Tribunal's decision in favor of the assessee, dismissing the application for reference and highlighting the significance of upholding factual determinations made by the Tribunal in such cases. en-us Tue, 01 Oct 1985 00:00:00 +0530 Wed, 03 Feb 2010 17:56:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26273 The High Court upheld the Tribunal's decision in a wealth-tax case involving late filing of returns, emphasizing the importance of the reasonableness of the explanation for the delay. The court reiterated that factual findings regarding the reasonableness of the belief for late filing should be respected unless there is no evidence or substantial legal question. It affirmed the Tribunal's decision in favor of the assessee, dismissing the application for reference and highlighting the significance of upholding factual determinations made by the Tribunal in such cases. Case-Laws Wealth-tax Tue, 01 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26273