1984 (7) TMI 179

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....rder. 2. The WT returns of the assessee for the asst. yrs. 1975-76 and 1976-77 were due on 30th July, 1975 and 30th July, 1976. The same were, however, filed on 1st June, 1978. For late submission of the returns of his wealth. Penalty proceedings were initiated against the assessee. In response to the show-cause notices, the assessee submitted that he had given all the relevant papers to his au....

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.... before that date. He, therefore, condoned the delay in filing the return for the period from 30th July, 1975 to 11th Aug., 1977. The AAC further found that the firm of M/s Hotel Palace had filed a revised return on 6th Feb., 1978, but he declined to condone the delay for the period from 11th Aug., 1977 to 6th Feb., 1978 on the ground that the assessee was in a position to file the return of his w....

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.... present appeals. 5. We have gone through the record and heared the ld. representatives of the parties. 6. So far as the asst. yr. 1975-76 is concerned, the AAC has already condoned the delay in filing the return of wealth for the period from 30th July, 1975 to 11th Aug., 1977. Since the Department is not in appeal against this part of the order of the AAC. We cannot comment upon the same. H....

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.... during the period from 11th Aug., 1977 to 6th Feb., 1978. We, accordingly. confirm the impugned order of the AAC for the asst. yr. 1975-76. 7. As regards the asst. yr. 1976-77, the plea of the assessee before us is that he could not file the return of his wealth for this year without filing the return for the earlier year. According to him, therefore, since the return of wealth for the asst. y....