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W.T.AS. NOS. 1308/LB TO 1311/LB OF 1998, DECIDED ON 22ND MARCH, 2001 versus W.T.AS. NOS. 1308/LB TO 1311/LB OF 1998, DECIDED ON 22ND MARCH, 2001

Voluntarily submitting a Wealth Tax Return Assessment Assessment Order to cover sections 18, 14, 15, 16 (3) and 17 of the Wealth Tax Act 1963 does not show the attention of the investigating officer on initiating the penalty proceedings. There was a copy of the order available in the record while the penalty was never initiated at the time of the original assessment. The accuracy order passed under section 16 (3) of the Wealth Tax Act, 1963, was silent on the fact under which the return was served in response to the notice. Section 14 (2) / 17 of the Wealth Tax Act, 1963, although it is claimed by the Assessing Officer in the penal order passed under Section 18 of the Wealth Tax Act, 1963, it is decided by Section 16 (2) of the Wealth Tax Act. 3) has been approved under 1963 also did not attract the Assessing Officer whether the penalty proceedings were being initiated under section 18 of the Wealth Tax Act, 1963? If a person fails to file a return under Sections 14 (1) and (2) or Section 17 of the Wealth Tax Act, 1963, the present application states that under the present notice, these notices were never issued and Neither was entered on the order sheet. The Authority has clearly stated that the Revenue was not able to substantiate and deny this claim, and after making observations and reviewing it in favor of the assessee, the First Appellate Authority filed a case. Was put aside and remanded for de novo penalties but the reason given was not correct. The first appellate authority issued a special notice seeking to know the department's view but the Assessing Officer fixed date matter. power of attorney advocate Burewala lawyer