1984 (4) TMI 118 - AT - Income Tax

Summary

The appeal was filed against a penalty of Rs. 1,266 under s. 17(1)(a) of the GT Act. The penalty was imposed on the legal representative of the deceased for late filing of gift tax return. The Appellate Tribunal canceled the penalty citing three main reasons presented by the appellant's counsel, which were not rebutted by the Department's representative. The appeal was allowed.