Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1973 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1973 (7) TMI 13 - HC - Wealth-taxPetitioner did not file his returns on the due dates, but he filed the same on 16th December, 1969, pursuant to notices issued to him under section 17(2) in respect of the first four assessment years and under section 14(2) for the assessment year 1968-69 - Whether the assessee's bona fide belief that wealth-tax would not be leviable if market value instead of 20 times the rent was considered forms a reasonable excuse for non-filing of return of wealth - since the assessee did not file the returns voluntarily, he is not entitled to the relief u/s 18(2A)
|