https://www.taxtmi.com/caselaws?id=23290 Rule 1BB was found applicable, and the Tribunal held that valuation had been correctly made on that basis. In view of that finding, alleged non-adherence to section 16A of the Wealth-tax Act did not affect the assessment, because a Valuation Cell reference became immaterial once the applicable valuation rule governed the computation. The proposed reference on section 16A therefore did not survive as an independent question and was treated as purely academic. No question of law was held to arise for reference on the issue raised. en-us Fri, 15 Dec 1989 00:00:00 +0530 Fri, 18 Dec 2009 11:33:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23290 Rule 1BB was found applicable, and the Tribunal held that valuation had been correctly made on that basis. In view of that finding, alleged non-adherence to section 16A of the Wealth-tax Act did not affect the assessment, because a Valuation Cell reference became immaterial once the applicable valuation rule governed the computation. The proposed reference on section 16A therefore did not survive as an independent question and was treated as purely academic. No question of law was held to arise for reference on the issue raised. Case-Laws Wealth-tax Fri, 15 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23290