https://www.taxtmi.com/caselaws?id=62961 The Tribunal dismissed the preliminary objection regarding the jurisdiction of the Bench to hear wealth-tax appeals with both Members being Judicial Members. It held that the composition of one Judicial Member and one Accountant Member, as required under the Income-tax Act, was not mandatory under the Wealth-tax Act. The Tribunal emphasized interpreting statutes based on clear language and legislative intent, allowing appeals under the Wealth-tax Act to be heard by any two Members of the Tribunal. The decision focused on statutory provisions and rules governing the jurisdiction and composition of the Bench in wealth-tax appeals. en-us Thu, 03 Jul 1986 00:00:00 +0530 Tue, 25 Jan 2011 18:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62961 The Tribunal dismissed the preliminary objection regarding the jurisdiction of the Bench to hear wealth-tax appeals with both Members being Judicial Members. It held that the composition of one Judicial Member and one Accountant Member, as required under the Income-tax Act, was not mandatory under the Wealth-tax Act. The Tribunal emphasized interpreting statutes based on clear language and legislative intent, allowing appeals under the Wealth-tax Act to be heard by any two Members of the Tribunal. The decision focused on statutory provisions and rules governing the jurisdiction and composition of the Bench in wealth-tax appeals. Case-Laws Wealth-tax Thu, 03 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62961