https://www.taxtmi.com/caselaws?id=22125 Section 16A(1) of the Wealth-tax Act permits a reference to the Valuation Officer only when assessment or reassessment proceedings are actually pending for the relevant year. Where some assessments had already been completed and no proceeding was pending on the date of reference, the statutory precondition was not met, so the reference lacked jurisdictional and was invalid. The legal position stated is that valuation reference power cannot be exercised in the absence of live assessment or reassessment proceedings. en-us Mon, 18 Feb 1991 00:00:00 +0530 Mon, 07 Dec 2009 12:13:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22125 Section 16A(1) of the Wealth-tax Act permits a reference to the Valuation Officer only when assessment or reassessment proceedings are actually pending for the relevant year. Where some assessments had already been completed and no proceeding was pending on the date of reference, the statutory precondition was not met, so the reference lacked jurisdictional and was invalid. The legal position stated is that valuation reference power cannot be exercised in the absence of live assessment or reassessment proceedings. Case-Laws Wealth-tax Mon, 18 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22125