1983 (4) TMI 21 - HC - Wealth-tax

Summary

The petitioner, an assessee under the Wealth Tax Act, filed returns late and was penalized. The Commissioner rejected her application for penalty waiver without proper consideration. The High Court quashed the Commissioner's order and directed a re-examination in accordance with the law. The parties were directed to bear their own costs. (1983 (4) TMI 21 - KARNATAKA High Court)