https://www.taxtmi.com/caselaws?id=405857 The appellate tribunal upheld the validity of reopening the wealth tax assessment under section 17 of the Wealth Tax Act, 1957, and affirmed the treatment of disclosed income as actual cash on hand rather than receivable. The appeal was dismissed, with the tribunal supporting the decisions of the Commissioner of Wealth Tax (Appeals) on both issues. The order was pronounced on 22/03/2021. en-us Mon, 22 Mar 2021 00:00:00 +0530 Wed, 31 Mar 2021 08:50:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405857 The appellate tribunal upheld the validity of reopening the wealth tax assessment under section 17 of the Wealth Tax Act, 1957, and affirmed the treatment of disclosed income as actual cash on hand rather than receivable. The appeal was dismissed, with the tribunal supporting the decisions of the Commissioner of Wealth Tax (Appeals) on both issues. The order was pronounced on 22/03/2021. Case-Laws Wealth-tax Mon, 22 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405857