https://www.taxtmi.com/caselaws?id=18210 The court dismissed the petition challenging the reopening of assessments under the Wealth-tax Act for the years 1976-77, 1977-78, and 1978-79. It held that the assessments could be reopened based on a valuation report received in 1980, as the assessing authority had not considered this report during the original assessments. The court emphasized that matters of reassessment should be addressed before the authorities under the Act and not directly in writ jurisdiction. It directed the petitioners to pursue objections through the remedies provided by the Act, highlighting the importance of following statutory procedures before seeking judicial intervention. en-us Thu, 21 Dec 1995 00:00:00 +0530 Tue, 29 Sep 2009 14:37:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18210 The court dismissed the petition challenging the reopening of assessments under the Wealth-tax Act for the years 1976-77, 1977-78, and 1978-79. It held that the assessments could be reopened based on a valuation report received in 1980, as the assessing authority had not considered this report during the original assessments. The court emphasized that matters of reassessment should be addressed before the authorities under the Act and not directly in writ jurisdiction. It directed the petitioners to pursue objections through the remedies provided by the Act, highlighting the importance of following statutory procedures before seeking judicial intervention. Case-Laws Wealth-tax Thu, 21 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18210