Cwt vs Chikymagalur Club on 25 August, 2005
This view is also supported by the Tribunal, Hyderabad Bench, in Rajendra Prasad Memorial Club v. Wealth Tax Officer (1989) 43 Taxrnan 153 (Hyd)(Mag), In these circumstances, it cannot be said that the appellant club did not have any sufficient cause to believe that it was liable to wealth-tax. The omission to file the returns of wealth voluntarily and the filing of the returns belatedly after issue of notice is, therefore, with sufficient cause.