https://www.taxtmi.com/caselaws?id=21246 The High Court remanded the case to the Tribunal for a fresh decision on the valuation of the seized assets, emphasizing the need to consider the assessee's right over the assets on the valuation date. The judgment highlighted the importance of assessing the market value of property subject to confiscation and the impact of ownership restrictions on valuation for wealth tax purposes. en-us Wed, 11 Sep 1991 00:00:00 +0530 Sat, 21 Nov 2009 10:40:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21246 The High Court remanded the case to the Tribunal for a fresh decision on the valuation of the seized assets, emphasizing the need to consider the assessee's right over the assets on the valuation date. The judgment highlighted the importance of assessing the market value of property subject to confiscation and the impact of ownership restrictions on valuation for wealth tax purposes. Case-Laws Wealth-tax Wed, 11 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21246