Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Commissioner of Wealth Tax Versus L.N. Ahuja

2000 (7) TMI 982 - DELHI HIGH COURT

WT Ref. No. 112, 113, 114, 115, 116, 117, 118, 119 of 1982 - Dated:- 6-7-2000 - Arijit Pasayat (CJ) And D. K. Jain, JJ. For the Petitioner : Sanjiv Khanna and Ajay Jha JUDGMENT Arijit Pasayat, CJ. At the instance of Revenue following questions, in a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

(for short the Act), for opinion of this Court. "1. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the WTO had no valid authority under s. 7(1) of the WT Act to estimate the market value o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

erties was ₹ 3,60,000 ?" 2. In our opinion, since the second question is only consequently, answer to the first question would suffice. 3. Factual position, which is almost undisputed, is as follows : Assessee had filed return for each of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the WTO had no power to determine, without reference to the Valuation Officer, the market value of a property which is higher than ₹ 50,000 of the value declared by the assessee in his return. The Appellate Assistant Commissioner (in short the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version