https://www.taxtmi.com/caselaws?id=27556 The High Court ruled in favor of the legal heir, holding that penalty proceedings under s. 18(1)(a) of the Wealth-tax Act could not be initiated against the legal heirs. The Court emphasized the limited liability of legal representatives in penalty matters, stating that the legal representative could not be penalized for a default committed by the deceased assessee. The judgment highlighted the specific provisions of the Act and aimed to protect legal heirs from penalties arising from the deceased's defaults. en-us Wed, 02 Nov 1983 00:00:00 +0530 Sat, 13 Feb 2010 15:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27556 The High Court ruled in favor of the legal heir, holding that penalty proceedings under s. 18(1)(a) of the Wealth-tax Act could not be initiated against the legal heirs. The Court emphasized the limited liability of legal representatives in penalty matters, stating that the legal representative could not be penalized for a default committed by the deceased assessee. The judgment highlighted the specific provisions of the Act and aimed to protect legal heirs from penalties arising from the deceased's defaults. Case-Laws Wealth-tax Wed, 02 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27556