https://www.taxtmi.com/circulars?id=9209 A Commissioner may revise a wealth-tax assessment even if it is based on a valuation officer's report, because that report merges into the assessment order; revision is permissible where the report or assessment rests on irrelevant principles or a palpable mistake, with the existence of such error to be determined by the Commissioner. en-us Sat, 05 Aug 1978 00:00:00 +0530 Fri, 03 Jun 2011 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9209 A Commissioner may revise a wealth-tax assessment even if it is based on a valuation officer's report, because that report merges into the assessment order; revision is permissible where the report or assessment rests on irrelevant principles or a palpable mistake, with the existence of such error to be determined by the Commissioner. Circulars Income Tax Sat, 05 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9209