https://www.taxtmi.com/caselaws?id=16283 The court upheld the validity of notices issued under sections 16, 16A, and 17 of the Wealth-tax Act, 1957, emphasizing jurisdictional requirements and the period of limitation. It stressed the Assessing Officer's duty to have a valid reason to believe property escaped proper assessment before invoking section 17. The decision highlighted adherence to statutory safeguards and procedures in tax assessments. The court dismissed the writ appeals, allowing the appellant to present objections before the Assessing Officer without awarding costs. en-us Thu, 26 Jun 1997 00:00:00 +0530 Sat, 05 Sep 2009 16:14:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16283 The court upheld the validity of notices issued under sections 16, 16A, and 17 of the Wealth-tax Act, 1957, emphasizing jurisdictional requirements and the period of limitation. It stressed the Assessing Officer's duty to have a valid reason to believe property escaped proper assessment before invoking section 17. The decision highlighted adherence to statutory safeguards and procedures in tax assessments. The court dismissed the writ appeals, allowing the appellant to present objections before the Assessing Officer without awarding costs. Case-Laws Wealth-tax Thu, 26 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16283