https://www.taxtmi.com/caselaws?id=23247 The court upheld the single judge's decision to quash notices issued under section 17(1)(a) of the Wealth-tax Act, emphasizing the importance of fulfilling jurisdictional conditions for initiating assessment proceedings. The judgment underscores the necessity for assessing authorities to have valid reasons to believe in the omission or failure to disclose material facts before reopening assessments under the Act. en-us Wed, 11 Jul 1990 00:00:00 +0530 Thu, 17 Dec 2009 17:30:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23247 The court upheld the single judge's decision to quash notices issued under section 17(1)(a) of the Wealth-tax Act, emphasizing the importance of fulfilling jurisdictional conditions for initiating assessment proceedings. The judgment underscores the necessity for assessing authorities to have valid reasons to believe in the omission or failure to disclose material facts before reopening assessments under the Act. Case-Laws Wealth-tax Wed, 11 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23247