https://www.taxtmi.com/caselaws?id=201551 The Supreme Court affirmed the High Court's interpretation of Section 27 of the Wealth Tax Act 1957, dismissing the Commissioner of Wealth Tax's challenge. Following the dismissal, the petitioner failed to comply by approaching the Assessing Officer for a final order and instead filed a writ petition with the High Court. The High Court, noting the petitioner's unnecessary delay and hindrance in the assessment process, dismissed the writ petition, directing the Assessing Officer to issue a final order within four months. The petitioner was also instructed to pay costs of Rs.10,000, to be deposited in the Government Treasury under the Assessing Officer's orders. en-us Tue, 02 Nov 2010 00:00:00 +0530 Sun, 16 Jan 2011 23:53:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201551 The Supreme Court affirmed the High Court's interpretation of Section 27 of the Wealth Tax Act 1957, dismissing the Commissioner of Wealth Tax's challenge. Following the dismissal, the petitioner failed to comply by approaching the Assessing Officer for a final order and instead filed a writ petition with the High Court. The High Court, noting the petitioner's unnecessary delay and hindrance in the assessment process, dismissed the writ petition, directing the Assessing Officer to issue a final order within four months. The petitioner was also instructed to pay costs of Rs.10,000, to be deposited in the Government Treasury under the Assessing Officer's orders. Case-Laws Wealth-tax Tue, 02 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201551