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2009 (5) TMI 42 - HC - Wealth-taxGift of property by Husband - residential house property - exemption under section 4 (1) (a) (i) of Wealth Tax Act, 1957 - the execution of Gift and nature of conveyance were not properly proved by the petitioner - in revision petition, commissioner accepted the contention of assessee - held that order is set aside with regard to the assessment years 1998 - 1999, 1999 - 2000 with a direction to the department to reconsider the matter, after giving an opportunity of hearing to the petitioner, to prove the Gift stated as effected by the husband of the petitioner. On satisfying the position, appropriate orders shall be passed by the second respondent as to the claim put forth by the petitioner, as expeditiously as possible
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