1994 (9) TMI 2 - SC - Wealth-tax

Whether rule 1BB of the Wealth-tax Rules, 1957, is a provision which affects and alters the substantive rights or is merely procedural - held that rule 1BB is essentially a rule of evidence as to the choice of one of the well-accepted methods of valuation in respect of certain kinds of properties with a view to achieving uniformity in valuation and avoiding disparate valuations resulting from application of different methods of valuation respecting properties of a similar nature and character