https://www.taxtmi.com/caselaws?id=352998 The Tribunal allowed the appeal for statistical purposes and referred the matter back to the Assessing Officer for a fresh examination of the facts and determination of wealth tax liability. The Tribunal noted unresolved ownership issues and discrepancies in the High Court order, casting doubt on the ownership claims despite the agreement of sale. The assessee's lack of possession and disputes over ownership, along with ongoing income tax proceedings, led the Tribunal to order a reevaluation of the wealth tax assessment. en-us Fri, 22 Dec 2017 00:00:00 +0530 Tue, 26 Dec 2017 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352998 The Tribunal allowed the appeal for statistical purposes and referred the matter back to the Assessing Officer for a fresh examination of the facts and determination of wealth tax liability. The Tribunal noted unresolved ownership issues and discrepancies in the High Court order, casting doubt on the ownership claims despite the agreement of sale. The assessee's lack of possession and disputes over ownership, along with ongoing income tax proceedings, led the Tribunal to order a reevaluation of the wealth tax assessment. Case-Laws Wealth-tax Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352998