1977 (3) TMI 28 - HC - Wealth-tax

Summary

The High Court of Allahabad dismissed a petition challenging a Wealth-tax Commissioner's order imposing a penalty for late submission of a return. The Commissioner rejected the petitioner's application for waiving the penalty, stating that filing two separate returns for the same individuals was not in good faith. The petitioner failed to provide a satisfactory explanation for this action, leading the court to uphold the Commissioner's decision.