1980 (1) TMI 29 - HC - Wealth-tax

Summary

The High Court of Madhya Pradesh held that penalty under section 18(1)(a) should be calculated with reference to the provisions prior to its amendment on April 1, 1969. The court agreed with a previous decision that penalty for non-filing of returns should be based on the law in force at the time the returns were due. The court's answer to the question was in the affirmative, against the department.