https://www.taxtmi.com/caselaws?id=17931 The High Court of Rajasthan dismissed the application under section 27(3) of the Wealth-tax Act, as the issue regarding the valuation of property was conclusively settled by a Supreme Court judgment. The Court held that procedural provisions, including those in Schedule III, apply to pending cases as rules of evidence. Therefore, the Tribunal's decision to not refer the question of law to the High Court was upheld, emphasizing the application of procedural laws to pending cases. en-us Mon, 15 Jan 1996 00:00:00 +0530 Fri, 25 Sep 2009 16:33:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17931 The High Court of Rajasthan dismissed the application under section 27(3) of the Wealth-tax Act, as the issue regarding the valuation of property was conclusively settled by a Supreme Court judgment. The Court held that procedural provisions, including those in Schedule III, apply to pending cases as rules of evidence. Therefore, the Tribunal's decision to not refer the question of law to the High Court was upheld, emphasizing the application of procedural laws to pending cases. Case-Laws Wealth-tax Mon, 15 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17931