https://www.taxtmi.com/caselaws?id=57921 The tribunal dismissed the appeal, upholding the cancellation of the penalty imposed under section 18(1)(c) of the Wealth Tax Act, 1957. The decision was based on the absence of deliberate concealment or fraud, the bona fide nature of the valuation estimates, and the transparent disclosure of valuation details by the assessee. en-us Thu, 13 Dec 1984 00:00:00 +0530 Wed, 15 Dec 2010 13:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57921 The tribunal dismissed the appeal, upholding the cancellation of the penalty imposed under section 18(1)(c) of the Wealth Tax Act, 1957. The decision was based on the absence of deliberate concealment or fraud, the bona fide nature of the valuation estimates, and the transparent disclosure of valuation details by the assessee. Case-Laws Wealth-tax Thu, 13 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57921