https://www.taxtmi.com/caselaws?id=69507 The Tribunal upheld the Commissioner (Appeals)'s authority to direct a fresh assessment under the Wealth-tax Act, despite the absence of a specific provision like in the Income-tax Act. The Tribunal clarified that the time limit for a fresh assessment is governed by the statute itself and not extended by the appellate order. It emphasized the broad powers of the Appellate Assistant Commissioner (AAC) under section 23(5) of the Wealth-tax Act, allowing for the direction of a fresh assessment. Consequently, the Tribunal dismissed the assessee's appeal challenging the Commissioner's directive for a fresh assessment. en-us Fri, 08 Jul 1983 00:00:00 +0530 Thu, 07 Apr 2011 13:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69507 The Tribunal upheld the Commissioner (Appeals)'s authority to direct a fresh assessment under the Wealth-tax Act, despite the absence of a specific provision like in the Income-tax Act. The Tribunal clarified that the time limit for a fresh assessment is governed by the statute itself and not extended by the appellate order. It emphasized the broad powers of the Appellate Assistant Commissioner (AAC) under section 23(5) of the Wealth-tax Act, allowing for the direction of a fresh assessment. Consequently, the Tribunal dismissed the assessee's appeal challenging the Commissioner's directive for a fresh assessment. Case-Laws Wealth-tax Fri, 08 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69507