Few facts need mention for disposal of the appeals.
In an appeal under this section, the Memorandum of Appeal shall precisely state the substantial question of law involved in the appeal.
10 11/2001 and 3,4 5/2002 respectively whereby the High Court allowed the appeals filed by the Signature Not Verified Digitally signed by ASHA SUNDRIYAL Date 2017.09.05 165550 IST Reason Revenue Commissioner of Wealth Tax under Section 27 A of the Wealth Tax Act, 1957 hereinafter referred to as the Act and set aside the order dated 05.07.2011 passed by the Income Tax Appellate Tribunal hereinafter referred to as the Tribunal , Chandigarh Bench in W.T.A. No.11,12 13/Chandi/95 C.O. No.37/Chandi/95 in W.T.A. No.11/Chandi/95 and order dated 13.06.2001 in W.T.A. Nos.213, 191 and 192/Chandi/94 and restored the order of assessment passed by the Assessing officer for levying penalty for the entire period of delay in respect of Assessment Years 1981 82, 1982 83 and 1983 84.
The issue involved in these three assessment years was decided by the Tribunal in favour of the appellant assessee which gave rise to filing of the appeals before the High Court by the Revenue under Section 27 A of the Act questioning therein the legality and companyrectness of the orders of the Tribunal.
Abhay Manohar Sapre, J. These appeals are filed against the final judgment and orders dated 24.08.2004 passed by the High Court of Punjab and Haryana at Chandigarh in Wealth Tax Appeal Nos.
The appellant is the wealth tax assessee and is subjected to payment of Wealth Tax under the Act.
The case pertains to the Assessment Years 1981 82, 1982 83 and 1983 84.
