2015 (8) TMI 285 - SCH - Wealth-tax

Validity of High Court s order - HC has decided the appeal without framing the question of law - Held that - appeal under the Section 27A (3) of The Wealth Tax Act 1957 can be admitted only when a substantial question of law is involved in the appeal and according to sub-Section (4) the question of law has to be formulated by the High Court. - matter is remitted to the High Court so that a substantial question of law can be framed if any and the appeal can be heard again. - Impugned order is set aside - Decided in favour of appellant.

Summary

The Supreme Court condoned delay, granted leave, and remitted the case to the High Court for framing a substantial question of law as required by the Wealth Tax Act, 1957. The High Court's decision was set aside, and the appeals were allowed with no costs.