1988 (12) TMI 101 - HC - Wealth-tax

Summary

The High Court of Allahabad directed the Appellate Tribunal to refer a common question of law regarding the penalty under section 18(1)(c) of the Wealth-tax Act, 1957 for assessment years 1975-76 and 1976-77. The applications by the assessee were partly allowed. (Case citation: 1988 (12) TMI 101 - ALLAHABAD High Court)