https://www.taxtmi.com/caselaws?id=66930 The Tribunal quashed the Commissioner (Appeals) order and allowed the assessee's appeal, upholding the assessee's valuation option under section 7(4) for the self-occupied property. The Tribunal found no error prejudicial to revenue in the WTO's order, emphasizing that the guard room was part of the house and not a separate unit. The Commissioner's revisional powers were deemed to be exercised based on differing valuations without establishing any error. en-us Thu, 22 May 1986 00:00:00 +0530 Tue, 08 Mar 2011 12:09:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66930 The Tribunal quashed the Commissioner (Appeals) order and allowed the assessee's appeal, upholding the assessee's valuation option under section 7(4) for the self-occupied property. The Tribunal found no error prejudicial to revenue in the WTO's order, emphasizing that the guard room was part of the house and not a separate unit. The Commissioner's revisional powers were deemed to be exercised based on differing valuations without establishing any error. Case-Laws Wealth-tax Thu, 22 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66930