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    <title>2002 (4) TMI 13 - BOMBAY High Court</title>
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    <description>HC held that where the Assessing Officer issued an intimation under section 16(1)(a) accepting the wealth returned without adjudicating merits, the assessee was entitled to challenge that intimation by appeal. The court upheld the Tribunal&#039;s conclusion that section 23(1A)(a) grants a right of appeal against an intimation under section 16(1)(a)(i) to contest the amount of net wealth determined under the Act, allowing appellate scrutiny of the net wealth computation despite the AO&#039;s administrative acceptance.</description>
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    <pubDate>Wed, 03 Apr 2002 00:00:00 +0530</pubDate>
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      <title>2002 (4) TMI 13 - BOMBAY High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=11242</link>
      <description>HC held that where the Assessing Officer issued an intimation under section 16(1)(a) accepting the wealth returned without adjudicating merits, the assessee was entitled to challenge that intimation by appeal. The court upheld the Tribunal&#039;s conclusion that section 23(1A)(a) grants a right of appeal against an intimation under section 16(1)(a)(i) to contest the amount of net wealth determined under the Act, allowing appellate scrutiny of the net wealth computation despite the AO&#039;s administrative acceptance.</description>
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      <pubDate>Wed, 03 Apr 2002 00:00:00 +0530</pubDate>
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