https://www.taxtmi.com/caselaws?id=65776 The Appellate Tribunal ITAT GAUHATI set aside the Assistant Commissioner of Wealth Tax's orders for the assessment years 1974-75, 1975-76, and 1976-77 due to the failure to hear the Departmental Valuer during appeal proceedings, deeming it a significant irregularity. The Tribunal emphasized the need for justice and overturned the valuation orders for co-owners, allowing for a re-determination of the valuation in conjunction with other co-owners. The Tribunal rejected the argument that valuation accepted for one co-owner automatically applies to others, citing reassessments initiated for all co-owners due to alleged undervaluation. Ultimately, the appeals were rejected for statistical purposes. en-us Thu, 10 Jun 1982 00:00:00 +0530 Fri, 18 Feb 2011 16:50:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65776 The Appellate Tribunal ITAT GAUHATI set aside the Assistant Commissioner of Wealth Tax's orders for the assessment years 1974-75, 1975-76, and 1976-77 due to the failure to hear the Departmental Valuer during appeal proceedings, deeming it a significant irregularity. The Tribunal emphasized the need for justice and overturned the valuation orders for co-owners, allowing for a re-determination of the valuation in conjunction with other co-owners. The Tribunal rejected the argument that valuation accepted for one co-owner automatically applies to others, citing reassessments initiated for all co-owners due to alleged undervaluation. Ultimately, the appeals were rejected for statistical purposes. Case-Laws Wealth-tax Thu, 10 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65776