https://www.taxtmi.com/caselaws?id=15912 The Tribunal overturned the Commissioner of Wealth-tax's orders, leading to a disagreement between the Accountant Member and the Judicial Member regarding the valuation of the property and the necessity of referring the valuation to the Valuation Officer under section 16A of the Wealth-tax Act, 1957. The judgment emphasizes the importance of following statutory procedures and collaboration among Tribunal members to ensure a valid decision in tax matters, highlighting the significance of adherence to prescribed processes for fair and accurate assessments. en-us Tue, 01 Sep 1998 00:00:00 +0530 Sat, 29 Aug 2009 17:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15912 The Tribunal overturned the Commissioner of Wealth-tax's orders, leading to a disagreement between the Accountant Member and the Judicial Member regarding the valuation of the property and the necessity of referring the valuation to the Valuation Officer under section 16A of the Wealth-tax Act, 1957. The judgment emphasizes the importance of following statutory procedures and collaboration among Tribunal members to ensure a valid decision in tax matters, highlighting the significance of adherence to prescribed processes for fair and accurate assessments. Case-Laws Wealth-tax Tue, 01 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15912