https://www.taxtmi.com/caselaws?id=5879 The Supreme Court affirmed the High Court's judgment in a case involving valuation of buildings by the Wealth Tax Officer (WTO) and inclusion of a Hindu Undivided Family's (HUF) interest in a partnership firm for wealth-tax purposes. The Court held that the WTO's reference to Valuation Officers was valid, the HUF's interest in the firm is subject to wealth-tax, valuation rules apply harmoniously, and notices issued by Valuation Officers were justified. The appeal was dismissed, and costs were awarded against the appellants. en-us Thu, 15 Dec 1983 00:00:00 +0530 Fri, 28 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5879 The Supreme Court affirmed the High Court's judgment in a case involving valuation of buildings by the Wealth Tax Officer (WTO) and inclusion of a Hindu Undivided Family's (HUF) interest in a partnership firm for wealth-tax purposes. The Court held that the WTO's reference to Valuation Officers was valid, the HUF's interest in the firm is subject to wealth-tax, valuation rules apply harmoniously, and notices issued by Valuation Officers were justified. The appeal was dismissed, and costs were awarded against the appellants. Case-Laws Wealth-tax Thu, 15 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5879