https://www.taxtmi.com/caselaws?id=13882 In revisional proceedings under section 25(2) of the Wealth-tax Act, a valuation report received after assessment but available when the Commissioner examined the record was treated as part of the "record" under Explanation (b). Because the assessment had been completed without waiting for a report earlier called for, the Commissioner could consider that later-received report in deciding whether the assessment was prejudicial to the Revenue. The revisional power was therefore held to extend to reliance on the subsequent valuation material. en-us Wed, 22 Nov 2000 00:00:00 +0530 Sat, 04 Jul 2009 16:35:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13882 In revisional proceedings under section 25(2) of the Wealth-tax Act, a valuation report received after assessment but available when the Commissioner examined the record was treated as part of the "record" under Explanation (b). Because the assessment had been completed without waiting for a report earlier called for, the Commissioner could consider that later-received report in deciding whether the assessment was prejudicial to the Revenue. The revisional power was therefore held to extend to reliance on the subsequent valuation material. Case-Laws Wealth-tax Wed, 22 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13882