https://www.taxtmi.com/caselaws?id=61059 The Tribunal dismissed the appeal and upheld the deletion of the penalty under section 18(1)(i) of the Wealth Tax Act for the assessment year 1965-66. The decision was based on the validity of notices issued by the WTO, adequacy of opportunity given to the assessee, and the choice not to remit the case for further proceedings. The Tribunal found no justification for prolonging the proceedings due to the WTO's errors and lack of proper documentation, ultimately supporting the deletion of the penalty imposed by the AAC. en-us Thu, 10 Jul 1975 00:00:00 +0530 Mon, 10 Jan 2011 16:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61059 The Tribunal dismissed the appeal and upheld the deletion of the penalty under section 18(1)(i) of the Wealth Tax Act for the assessment year 1965-66. The decision was based on the validity of notices issued by the WTO, adequacy of opportunity given to the assessee, and the choice not to remit the case for further proceedings. The Tribunal found no justification for prolonging the proceedings due to the WTO's errors and lack of proper documentation, ultimately supporting the deletion of the penalty imposed by the AAC. Case-Laws Wealth-tax Thu, 10 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61059