Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 2002 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2002 (10) TMI 70 - HC - Wealth-tax"Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in holding that referring the matter to the Valuation Officer under section 16A of the Wealth-tax Act, 1957, is a discretion given by the statute to the Assessing Officer only and hence the Commissioner of Income tax (Appeals) cannot direct the Assessing Officer to redetermine the value of the property after referring the matter to the valuation cell?" The question referred is required to be, and is answered in favour of the Revenue, and against the assessee.
|