https://www.taxtmi.com/caselaws?id=60201 The ITAT allowed appeals by four assessees against penalty orders imposed by the WTO under section 18(1)(a) for various assessment years. The ITAT decided to condone the delay in filing appeals, considering genuine difficulties faced by the assessees. In one case, penalties for delay in filing returns were canceled as the wealth was below taxable limits and similar cases were accepted by the Tribunal. The ITAT found insufficient reasoning by the AAC of WT in upholding penalties and concluded that the penalties were unwarranted, ultimately canceling the penalty orders. en-us Thu, 29 Dec 1983 00:00:00 +0530 Tue, 04 Jan 2011 12:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60201 The ITAT allowed appeals by four assessees against penalty orders imposed by the WTO under section 18(1)(a) for various assessment years. The ITAT decided to condone the delay in filing appeals, considering genuine difficulties faced by the assessees. In one case, penalties for delay in filing returns were canceled as the wealth was below taxable limits and similar cases were accepted by the Tribunal. The ITAT found insufficient reasoning by the AAC of WT in upholding penalties and concluded that the penalties were unwarranted, ultimately canceling the penalty orders. Case-Laws Wealth-tax Thu, 29 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60201