https://www.taxtmi.com/caselaws?id=19382 The High Court ruled in favor of the Revenue, holding that the Valuation Officer's order could be used as information for reassessment under section 17(1)(b) of the Wealth-tax Act, even if received after the original assessment was completed. The Court determined that the Valuation Officer's order, being in the possession of the Wealth-tax Officer, was valid for initiating reassessment proceedings. This decision clarified the distinction between scenarios where the Valuation Officer's order was obtained during ongoing assessment proceedings and cases where it was acquired post-assessment but before reassessment commencement. en-us Tue, 14 Feb 1995 00:00:00 +0530 Thu, 05 Nov 2009 17:44:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19382 The High Court ruled in favor of the Revenue, holding that the Valuation Officer's order could be used as information for reassessment under section 17(1)(b) of the Wealth-tax Act, even if received after the original assessment was completed. The Court determined that the Valuation Officer's order, being in the possession of the Wealth-tax Officer, was valid for initiating reassessment proceedings. This decision clarified the distinction between scenarios where the Valuation Officer's order was obtained during ongoing assessment proceedings and cases where it was acquired post-assessment but before reassessment commencement. Case-Laws Wealth-tax Tue, 14 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19382