https://www.taxtmi.com/caselaws?id=22394 The High Court allowed the applications in a case concerning the time limit for assessments under the Wealth-tax Act, 1957. The dispute revolved around the status of the assessee as an individual or Hindu undivided family and the interpretation of the time limit for assessments. The court directed the Income-tax Appellate Tribunal to refer the question of law for its opinion, emphasizing the need for clarity on this issue. The Appellate Assistant Commissioner's decision to quash assessments for multiple years was based on discrepancies in the assessment process. Various legal precedents were cited to support arguments from both the Revenue and the assessee. en-us Tue, 28 May 1991 00:00:00 +0530 Wed, 09 Dec 2009 17:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22394 The High Court allowed the applications in a case concerning the time limit for assessments under the Wealth-tax Act, 1957. The dispute revolved around the status of the assessee as an individual or Hindu undivided family and the interpretation of the time limit for assessments. The court directed the Income-tax Appellate Tribunal to refer the question of law for its opinion, emphasizing the need for clarity on this issue. The Appellate Assistant Commissioner's decision to quash assessments for multiple years was based on discrepancies in the assessment process. Various legal precedents were cited to support arguments from both the Revenue and the assessee. Case-Laws Wealth-tax Tue, 28 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22394