https://www.taxtmi.com/caselaws?id=268241 The Revenue appealed against the deletion of land value from the net wealth of the assessee by the ld.CWT(A). The ITAT allowed the appeal, considering a retrospective amendment in the Wealth Tax Act and remitted the matter back to the ld.CWT(A) for fresh decision. Penalty appeals for the relevant assessment years were also remitted for re-adjudication. The ITAT's decisions ensured a fair process and allowed both parties to present their cases before the ld.CWT(A). en-us Wed, 21 Oct 2015 00:00:00 +0530 Sat, 21 Nov 2015 09:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268241 The Revenue appealed against the deletion of land value from the net wealth of the assessee by the ld.CWT(A). The ITAT allowed the appeal, considering a retrospective amendment in the Wealth Tax Act and remitted the matter back to the ld.CWT(A) for fresh decision. Penalty appeals for the relevant assessment years were also remitted for re-adjudication. The ITAT's decisions ensured a fair process and allowed both parties to present their cases before the ld.CWT(A). Case-Laws Wealth-tax Wed, 21 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268241