https://www.taxtmi.com/caselaws?id=15519 The Commissioner of Wealth-tax could invoke revisional jurisdiction under section 25(2) on the basis of valuation material received after the Wealth-tax Officer completed the assessment, because the revisional examination extends to the record available at the time of revision and is not confined to the material before the assessing officer when the order was passed. The assessment had been completed before the final valuation report under section 16A was received, but that later report could still support revision. The assessment was therefore set aside and fresh assessment directed, with the issue answered for the Revenue and against the assessee. en-us Thu, 25 Mar 1999 00:00:00 +0530 Tue, 25 Aug 2009 17:06:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15519 The Commissioner of Wealth-tax could invoke revisional jurisdiction under section 25(2) on the basis of valuation material received after the Wealth-tax Officer completed the assessment, because the revisional examination extends to the record available at the time of revision and is not confined to the material before the assessing officer when the order was passed. The assessment had been completed before the final valuation report under section 16A was received, but that later report could still support revision. The assessment was therefore set aside and fresh assessment directed, with the issue answered for the Revenue and against the assessee. Case-Laws Wealth-tax Thu, 25 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15519