https://www.taxtmi.com/caselaws?id=21943 The court ruled in favor of the petitioner, finding that the notices issued by the Wealth-tax Officer under section 17 of the Wealth-tax Act for the assessment years 1978-79 and 1979-80 were unjustified. The court held that the valuation reports had been adequately considered in previous assessments and appeal decisions, rendering the notices invalid. Consequently, the court allowed the petition, quashed the notices, and prohibited the respondent from taking further action based on the notices. en-us Wed, 22 Jan 1992 00:00:00 +0530 Fri, 04 Dec 2009 13:39:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21943 The court ruled in favor of the petitioner, finding that the notices issued by the Wealth-tax Officer under section 17 of the Wealth-tax Act for the assessment years 1978-79 and 1979-80 were unjustified. The court held that the valuation reports had been adequately considered in previous assessments and appeal decisions, rendering the notices invalid. Consequently, the court allowed the petition, quashed the notices, and prohibited the respondent from taking further action based on the notices. Case-Laws Income Tax Wed, 22 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21943