High Court directs Tribunal on justification of holding protective assessment as substantive under Wealth-tax Act, 1957

The High Court of Allahabad directed the Tribunal to refer the question of law regarding the justification of holding protective assessment as substantive when a related case was still pending under section 27(3) of the Wealth-tax Act, 1957.

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The High Court of Allahabad heard an application under section 27(3) of the Wealth-tax Act, 1957. The court directed the Tribunal to refer the question of law regarding the justification of holding protective assessment as substantive when a related case was still pending.

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