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Commissioner of Wealth-tax Vs. Smt. V. Pathummabi

Court : Kerala

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 18(1); Wealth Tax (Amendment) Act, 1964; Finance Act, 1969

Reported in : [1977]108ITR689(Ker)

is, under Section 18(1)(i) of the Wealth-tax Act, 1957, as it stood prior to its amendment by the Finance Act, 1969 ?'2. The returns for the two years 1964-65 and 1965-66 should have been filed by the assessee on

Commissioner of Wealth Tax, Amritsar Vs. Suresh Seth Overruled

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 14, 14(1), 14(2), 14(3), 15, 16, 17, 18, 18(1) and 27(1); Wealth Tax (Amendment) Act, 1964 - Sections 18; Finance Act, 1969; Constitution of India - Articles 20(1) and 136; Indian Mines Act, 1923 - Sections 39; Factories Act, 1948; General Clauses Act - Sections 6

Reported in : AIR1981SC1106; (1981)21CTR(SC)349; [1981]129ITR328(SC); 1981(1)SCALE729; (1981)2SCC790; [1981]3SCR419; 1981(13)LC555(SC)

to maximum of 50% of the wealth-tax payable under Section 18(1)(a) before its amendments on 1.4.69 by the Finance Act, 1969 : Rs. 115/-(ii) For the period from 1.4.69 to 18.3.71 : Penalty at 1/2% of the net wealth

Commissioner of Wealth-tax Vs. R.D. Chand and

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 14(1) and 18(1); Wealth Tax (Amendment) Act, 1964; Finance Act, 1969

Reported in : [1977]108ITR787(AP)

Once again, the provisions of Section 18 of the Wealth-tax Act. were amended by Section 24 of the Finance Act, 1969, and Clauses (i) and (ii) of the Wealth-tax (Amendment) Act, 1964, were substituted by the following Clauses (i)

Commissioner of Wealth-tax Vs. Smt. Brij Rani

Court : Allahabad

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 18 and 18(1); Income Tax Act, 1961 - Sections 27(1); Finance Act, 1969

Reported in : (1992)108CTR(All)46; [1993]201ITR307(All)

the tax. Thereafter with effect from April 1, 1969, an amendment was effected by Section 24(c) of the Finance Act, 1969, in the scale of penalty imposable inasmuch as the rate of penalty provided was a sum for every … the Commissioner of Wealth-tax, Lucknow. The reference arises out of the proceedings relating to levy of penalty under Section 18(1)(a) of the Wealth-tax Act ( for short 'the Act ') in respect of the assessment years 1967-68 and

Badshah Khan Vs. Commissioner of Wealth-tax

Court : Guwahati

Subject : Direct Taxation

Acts : Finance Act, 1969; Wealth Tax Act, 1957 - Sections 18(1); Wealth Tax (Amendment) Act, 1964

the due date. However, the AAC held that the amended provisions of the Act brought in by the Finance Act, 1969, would not apply and the penalty should be on the basis of the law that existed in the … (Amend.) Act, 1964, and again amended by the Finance Act, 1969, which came into force from April 1, 1969. Section 14 has not undergone any striking change from the original provision. The section provides when and how a … was no reasonable cause for not filing the return by the due date and imposed a penalty under Section 18(1)(a) of the Act at the rate of 2% per month on the tax payable subject to the maximum

Commissioner of Wealth-tax Vs. M.R. Mahajan

Court : Punjab and Haryana

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 18(1); ;Finance Act, 1969 - Sections 24

Reported in : (1980)18CTR(P& H)253; [1980]126ITR706(P& H)

and that, therefore, the law as it stood before the amendment made as per Section 24(c) of the Finance Act, 1969, effective from April 1, 1969, was applicable to the case for the purpose of computation of the penalties … filed by the assessee at all. The WTO initiated penalty proceedings against the assessee and imposed under Section 18(1)(i) of the Act varying amounts of penalties in relation to the said four assessment years. No explanation for

Vrindavan Goverdhan Lal Pittie Vs. Union of India (Uoi) and ors.

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Constitution of India - Articles 14 and 19(1); Wealth Tax Act, 1957 - Sections 18(1); Finance Act, 1969

Reported in : AIR1986SC1668; [1986]160ITR318(SC); 1986(1)SCALE961; 1986Supp(1)SCC308; [1986]2SCR851; 1986(2)LC113(SC)

Pradesh challenging the constitutional validity of Section 18(1)(a) of the Wealth Tax Act, 1957 as amended by the Finance Act, 1969 on the ground that it infringes Articles 14 and 19(1)(f) of the Constitution. That petition was dismissed by

Commissioner of Wealth-tax Vs. Trutees of Sahebzadas of Saraf-e-khas T ...

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Wealth Tax Act, 1957 - Sections 18(1) and 27; Finance Act, 1969

Reported in : AIR1997SC692; [1997]224ITR558(SC); JT1997(1)SC218; 1996(9)SCALE256; (1997)3SCC481

after 31.3.69 and not as per the increased scale of penalty introduced with effect from 1.4.69 by the Finance Act, 1969?Answered accordingly. No costs. - - We have heard Sri Salve at some length but we are not … These appeals are directed against the order of the Andhra Pradesh High Court answering the reference made under Section 27(1) of the Wealth Tax Act, 1957, at the instance of the Revenue, in favour of the assessee … 1962-63, 1963-64 and 1964-65 should be as per the provision of Section 18(1)(a) as they stood before amendment with effect from 1.4.1965 (sic).The High Court

Commissioner of Wealth-tax Vs. Ram NaraIn Agrawal

Court : Allahabad

Subject : Direct Taxation

Acts : Wealth-tax Act, 1957 - Sections 14(1), 17 and 18(1); Finance Act, 1969

Reported in : [1977]106ITR965(All)

appeal the Tribunal directed the Wealth-tax Officer to impose penalty on the scale in force prior to the Finance Act, 1969. Aggrieved by this order an application was filed on behalf of the Commissioner of Wealth-tax under Section 27(1) … September, 1970. The assessments were completed on 30th January, 1971, and the Wealth-tax Officer initiated penalty proceedings under Section 18(1)(a) of the Act for delay in filing the returns. The returns of wealth filed were belated. Against the

income-tax Officer Vs. Joseph and ors.

Court : Kerala

Subject : CompanyDirect Taxation

Acts : Income Tax Act, 1922 - Sections 18(3D), 18(6) and 51; Income Tax Act, 1961 - Sections 2(22), 2(35), 194, 276 and 276B; Companies Act, 1956 - Sections 205(3); Constitution of India - Article 20(1); Income Tax Rules - Rule 30(1); Finance Act 1969

Reported in : [1972]83ITR362(Ker)

Ettumanoor Motors (P.) Ltd., under Sections 276(d) and 276B of the Income-tax Act, 1961, as amended by the Finance Act, 1969, for non-payment to the credit of the department all the tax collected on the dividend distributed among the … in all these appeals. Complaints were brought against the respondents-office bearers of the Ettumanoor Motors (P.) Ltd., under Sections 276(d) and 276B of the Income-tax Act, 1961, as amended by the Finance Act, 1969, for non-payment to … 1962, after deducting Rs. 8,217 from the dividend towards tax under Section 18(3D) of the Income-tax Act, 1922. Under Section 18(6) of the said Act