https://www.taxtmi.com/caselaws?id=23318 The court allowed the writ petition, quashing the notice under section 25(2) of the Wealth-tax Act for assessment years 1966-67 to 1971-72. It found the valuation of immovable property did not conform to section 7 of the Act and declared the Valuation Officer's report invalid. Emphasizing proper adherence to statutory provisions, the court ruled the impugned notice and proceedings lacked legal support, making the rule absolute and dismissing any costs. en-us Fri, 09 Jun 1989 00:00:00 +0530 Fri, 18 Dec 2009 12:52:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23318 The court allowed the writ petition, quashing the notice under section 25(2) of the Wealth-tax Act for assessment years 1966-67 to 1971-72. It found the valuation of immovable property did not conform to section 7 of the Act and declared the Valuation Officer's report invalid. Emphasizing proper adherence to statutory provisions, the court ruled the impugned notice and proceedings lacked legal support, making the rule absolute and dismissing any costs. Case-Laws Wealth-tax Fri, 09 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23318