https://www.taxtmi.com/caselaws?id=23187 The court allowed the writ petition seeking to quash notices under section 16A(4) of the Wealth-tax Act, 1957 for the assessment year 1980-81. The court clarified that the remand order was limited to the family settlement issue and did not authorize a revaluation of the agricultural asset. Consequently, any valuation conducted by the Valuation Officer post-November 15, 1986, for the agricultural asset was deemed without jurisdiction. The court emphasized the jurisdictional limits of the Wealth-tax Officer in referring assets for valuation, leading to the quashing of the notices related to the agricultural asset valuation. en-us Tue, 10 Jul 1990 00:00:00 +0530 Sun, 06 Feb 2011 05:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23187 The court allowed the writ petition seeking to quash notices under section 16A(4) of the Wealth-tax Act, 1957 for the assessment year 1980-81. The court clarified that the remand order was limited to the family settlement issue and did not authorize a revaluation of the agricultural asset. Consequently, any valuation conducted by the Valuation Officer post-November 15, 1986, for the agricultural asset was deemed without jurisdiction. The court emphasized the jurisdictional limits of the Wealth-tax Officer in referring assets for valuation, leading to the quashing of the notices related to the agricultural asset valuation. Case-Laws Wealth-tax Tue, 10 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23187