https://www.taxtmi.com/caselaws?id=25363 The High Court held that the reopening of assessments under section 17(1)(a) of the Wealth-tax Act was not justified as the Wealth-tax Officer lacked authority to do so without proper investigation despite the disclosure of primary facts by the assessee. Additionally, the court ruled that the Appellate Assistant Commissioner exceeded jurisdiction in directing the referral to the Valuation Cell under section 16A. The decision favored the assessee, and each party was directed to bear their own costs. en-us Fri, 13 Mar 1987 00:00:00 +0530 Thu, 28 Jan 2010 11:30:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25363 The High Court held that the reopening of assessments under section 17(1)(a) of the Wealth-tax Act was not justified as the Wealth-tax Officer lacked authority to do so without proper investigation despite the disclosure of primary facts by the assessee. Additionally, the court ruled that the Appellate Assistant Commissioner exceeded jurisdiction in directing the referral to the Valuation Cell under section 16A. The decision favored the assessee, and each party was directed to bear their own costs. Case-Laws Wealth-tax Fri, 13 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25363