https://www.taxtmi.com/caselaws?id=10540 The Court ruled in favor of the Revenue, affirming the Tribunal's decision that the Commissioner's revision of the reassessment order under Section 25(2) of the Wealth-tax Act was not justified. The Court emphasized the finality of the valuation aspect in the original assessment order and concluded that the Commissioner lacked the authority to revise an order that did not address the specific valuation issue highlighted as erroneous. en-us Thu, 26 Aug 2004 00:00:00 +0530 Fri, 17 Jul 2009 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10540 The Court ruled in favor of the Revenue, affirming the Tribunal's decision that the Commissioner's revision of the reassessment order under Section 25(2) of the Wealth-tax Act was not justified. The Court emphasized the finality of the valuation aspect in the original assessment order and concluded that the Commissioner lacked the authority to revise an order that did not address the specific valuation issue highlighted as erroneous. Case-Laws Wealth-tax Thu, 26 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10540