https://www.taxtmi.com/highlights?id=50727 Wealth tax assessment - Notice itself has been issued beyond the time prescribed u/s 16(2) of the Wealth Tax Act. Thus, according to us the provision of section 42 does not apply to a situation where the notice has not been issued within the time limit prescribed as per the act. en-us Mon, 16 Dec 2019 09:48:44 +0530 Mon, 16 Dec 2019 09:48:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50727 Wealth tax assessment - Notice itself has been issued beyond the time prescribed u/s 16(2) of the Wealth Tax Act. Thus, according to us the provision of section 42 does not apply to a situation where the notice has not been issued within the time limit prescribed as per the act. Highlights Wealth-tax Mon, 16 Dec 2019 09:48:44 +0530 https://www.taxtmi.com/highlights?id=50727