https://www.taxtmi.com/caselaws?id=376637 The Appellate Tribunal ITAT Delhi remanded multiple valuation issues, including immovable property, dynasty jewellery, jewellery, wealth outside India, and fixed deposit, for fresh adjudication by the first appellate authority due to lack of clear reasoning and details in the assessments. The tribunal considered the impact of an ongoing civil suit on the determination of net wealth and emphasized the importance of proper justification in assessments. The decision aimed to ensure a fair and accurate assessment of the appellant's wealth in compliance with legal requirements and precedents. en-us Fri, 08 Mar 2019 00:00:00 +0530 Wed, 13 Mar 2019 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376637 The Appellate Tribunal ITAT Delhi remanded multiple valuation issues, including immovable property, dynasty jewellery, jewellery, wealth outside India, and fixed deposit, for fresh adjudication by the first appellate authority due to lack of clear reasoning and details in the assessments. The tribunal considered the impact of an ongoing civil suit on the determination of net wealth and emphasized the importance of proper justification in assessments. The decision aimed to ensure a fair and accurate assessment of the appellant's wealth in compliance with legal requirements and precedents. Case-Laws Wealth-tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376637