https://www.taxtmi.com/caselaws?id=61503 The Tribunal allowed the appeals, holding that the penalty orders were invalid due to being based on invalid returns signed by the general power of attorney holder and being issued beyond the statutory limitation period. The Tribunal also accepted the reasonable cause for the delay in filing the returns, attributed to the Karta's illness and the unsettled legal position regarding wealth-tax on agricultural lands, leading to the cancellation of penalties. en-us Sat, 19 Jun 1982 00:00:00 +0530 Wed, 12 Jan 2011 18:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61503 The Tribunal allowed the appeals, holding that the penalty orders were invalid due to being based on invalid returns signed by the general power of attorney holder and being issued beyond the statutory limitation period. The Tribunal also accepted the reasonable cause for the delay in filing the returns, attributed to the Karta's illness and the unsettled legal position regarding wealth-tax on agricultural lands, leading to the cancellation of penalties. Case-Laws Wealth-tax Sat, 19 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61503