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2013 (3) TMI 570 - HC - Wealth-taxRectification u/s 35 of wealth tax act - mistake apparent from the record - held that:- when on the admitted fact that the claim of loss and non-declaration of dividend itself was made long after the revised assessment order and it never formed part of the record, the said facts being materials outside the record - the Tribunal was correct in holding that the recourse to Section 35 was legally not sustainable and thus rejecting the case of the assesee. - Decided against the assessee. Decision in the case of T. Manickavasagam Chettiar Vs. Commissioner of Income Tax [1983 (2) TMI 39 - MADRAS HIGH COURT] distinguished.
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