https://www.taxtmi.com/caselaws?id=70637 The Tribunal held that the valuation determined by the Assessing Officer was proper and not prejudicial to the Revenue's interests. The appeals challenging orders under s. 25(2) of the WT Act, 1957 were allowed, emphasizing the importance of judicial discretion in property valuation assessments and limiting the Commissioner's authority to revise orders based on subsequent valuation reports. en-us Wed, 13 Feb 1991 00:00:00 +0530 Mon, 18 Apr 2011 12:23:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70637 The Tribunal held that the valuation determined by the Assessing Officer was proper and not prejudicial to the Revenue's interests. The appeals challenging orders under s. 25(2) of the WT Act, 1957 were allowed, emphasizing the importance of judicial discretion in property valuation assessments and limiting the Commissioner's authority to revise orders based on subsequent valuation reports. Case-Laws Wealth-tax Wed, 13 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70637