https://www.taxtmi.com/caselaws?id=16959 Appellate jurisdiction under the Wealth-tax Act permits the Tribunal to sustain a challenged addition on any legally permissible ground arising from the assessment record, even where that ground differs from the reasoning adopted by the Wealth-tax Officer and first appellate authority. Where inclusion in net wealth is the subject of appeal, the Tribunal may uphold the addition by treating it as cost of a building under construction rather than goodwill. This approach treats the entire disputed addition as within the Tribunal's jurisdiction and aligns its appellate powers with the established scope of appellate review. en-us Fri, 03 Oct 1997 00:00:00 +0530 Mon, 14 Sep 2009 12:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16959 Appellate jurisdiction under the Wealth-tax Act permits the Tribunal to sustain a challenged addition on any legally permissible ground arising from the assessment record, even where that ground differs from the reasoning adopted by the Wealth-tax Officer and first appellate authority. Where inclusion in net wealth is the subject of appeal, the Tribunal may uphold the addition by treating it as cost of a building under construction rather than goodwill. This approach treats the entire disputed addition as within the Tribunal's jurisdiction and aligns its appellate powers with the established scope of appellate review. Case-Laws Wealth-tax Fri, 03 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16959