1990 (6) TMI 53 - HC - Wealth-tax

Summary

The High Court of Bombay ruled that the penalty imposed under section 18(1)(a) of the Wealth-tax Act, 1957, on a deceased person was unlawful. The penalty was levied on the deceased individual, not the legal representative who filed the return. The court held that the penalty was unjustified and favored the assessee.