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TMI Blog1975 (10) TMI 38X X X X Extracts X X X X X X X X Extracts X X X X ..... s are sons of the late Balbhadra Prasad Gupta. Three of them, namely, Kumar Sao, Krishna Kumar Sao and Ganesh Prasad Sao are minors. The appeals are against the orders of the AAC cancelling penalties levied by the WTO under s. 18(1)(a) of the WT Act, for the asst. yr. 1970-71. 3. The returns of wealth of the above person, for the asst. yr. 1970-71, were due on or before 30th June, 1970. However, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with the Department and paid the taxes promptly. In the circumstance stated above, they all requested that penalty proceedings may be dropped. The WTO did not consider the explanation given by them to be satisfactory. He, therefore, levied penalties amounting to Rs. 3,640 on Shri Kumar Sao, 3,160 on Shri Krishna Kumar Sao, Rs. 2,940 on Shri Vijay Shanker Sao and Rs. 4,100 on Shri Ganesh Prasad Sa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the four assessees before us were minors. It was only in 1969 that one of the four assessees namely, Vijay Shankar attained majority. Thereupon, Smt. Narsingh Bai executed a power of attorney in his favour. He being the eldest of the four sons, also became Karta of the family consisting of his mother, himself and his brothers. After attainment of majority, he had to acquaint himself with the affa ..... X X X X Extracts X X X X X X X X Extracts X X X X
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