2015 (10) TMI 26

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..... essee subsequent to due date and return filed by the assessee cannot even regarded to be belated return as per the provision of Wealth Tax Act. In view of these facts, we do not find any infirmity or illegal in the order of CIT(A) who confirmed the penalty in each of the case. It is not the case of the assessee that the assessee was not aware of about this provision of Wealth Tax Act as the assess .....

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..... (hereinafter referred to as 'the Act'). 3. Brief facts are that Assessing Officer noted that assessee had shown motor car in the depreciation schedule but did not file the wealth tax and accordingly he issued notices u/s. 17 of the Act upon the assessee on 13-09- 2011. The assessee in each of the case filed returns on 12-09-2011. The assessment has been made on the same in case as deta .....

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..... returns prior to the issue of the said notice u/s. 17 of the Act i.e. on12-09-2011. The AO took the view that return filed by the assessee were not within due date and hence, were invalid. When the matter went before CIT(A), he confirmed the order of AO. 4. We have heard rival submissions and carefully considered the same along with the orders of the Tax Authorities Below. No doubt, the assesse .....

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