1989 (11) TMI 34

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Wealth-tax Act, 1957, seeking a reference to this court as enumerated in para 3 of the petition. The Revenue had filed appeals before the Income-tax Appellate Tribunal, Indore Bench, Indore, against the order of the Appellate Assistant Commissioner directing computation of the penalty at 2 per cent. of the assessed tax for each month of default for the assessment years 1973-74 to 1975-76. The Tri....