Court Rules Deletion of Penalty u/s 18(1)(c) Justified for Valuation Opinion Differences in Wealth-tax Cases.

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....Deletion of penalty U/s. 18(1)(c) of the W.T. Act - just because there was a difference in opinion in the method of valuation and a subsequent variation in valuation, that would not tantamount to furnishing of inaccurate particulars of wealth - HC....