https://www.taxtmi.com/caselaws?id=7716 The court held that the assessee cannot unilaterally withdraw a reference made under section 27 of the Wealth-tax Act, 1957. The power to withdraw lies with the Tribunal, not the party causing the reference. If the party fails to appear or expresses disinterest, the High Court may decline to answer the reference. The High Court is not obligated to answer a reference if the party causing it does not participate in the hearing. In this case, as both the assessee and the department expressed disinterest, the court declined to answer the reference and awarded costs to the Commissioner of Wealth-tax. en-us Wed, 10 Aug 1966 00:00:00 +0530 Tue, 17 Mar 2009 19:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7716 The court held that the assessee cannot unilaterally withdraw a reference made under section 27 of the Wealth-tax Act, 1957. The power to withdraw lies with the Tribunal, not the party causing the reference. If the party fails to appear or expresses disinterest, the High Court may decline to answer the reference. The High Court is not obligated to answer a reference if the party causing it does not participate in the hearing. In this case, as both the assessee and the department expressed disinterest, the court declined to answer the reference and awarded costs to the Commissioner of Wealth-tax. Case-Laws Wealth-tax Wed, 10 Aug 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7716