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<h1>Appeals on Substantial Legal Questions Allowed Under Section 27A of Wealth-tax Act; Must Be Filed in 120 Days</h1> Section 27A of the Wealth-tax Act, effective from October 1, 1998, allows the assessee or tax authorities to appeal to the High Court within 120 days of receiving an order under specified sections. Appeals are permissible if they involve substantial questions of law. The appeal must clearly state the legal question and, if filed by the assessee, include a fee. The High Court formulates the question of law and bases its decision on it, while allowing respondents to contest its relevance. The court can also address other substantial legal questions if deemed necessary. The Assessing Officer must implement the High Court's decision.