https://www.taxtmi.com/caselaws?id=16549 The High Court held that the Assessing Officer was competent to refer the valuation of assets to the Valuation Officer in reassessment proceedings under section 17 of the Wealth-tax Act, 1957. The court determined that the Assessing Officer's authority to make such references extended to any assessment under the Act, not limited to original assessments. The references made during reassessment proceedings were deemed valid and competent, rejecting arguments against multiplicity of references and distinguishing previous judgments. The appeals were allowed, and the writ court's judgment was quashed, allowing the assessee to pursue further legal remedies if needed. en-us Mon, 21 Sep 1998 00:00:00 +0530 Tue, 08 Sep 2009 14:59:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16549 The High Court held that the Assessing Officer was competent to refer the valuation of assets to the Valuation Officer in reassessment proceedings under section 17 of the Wealth-tax Act, 1957. The court determined that the Assessing Officer's authority to make such references extended to any assessment under the Act, not limited to original assessments. The references made during reassessment proceedings were deemed valid and competent, rejecting arguments against multiplicity of references and distinguishing previous judgments. The appeals were allowed, and the writ court's judgment was quashed, allowing the assessee to pursue further legal remedies if needed. Case-Laws Wealth-tax Mon, 21 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16549