https://www.taxtmi.com/caselaws?id=26780 The High Court of Rajasthan held that a completed assessment cannot be reopened solely based on a Valuation Officer's report obtained for reopening purposes. The court affirmed the Tribunal's decision, ruling that the assessment had not been validly reopened under section 17 of the Wealth-tax Act. The judgment emphasizes the significance of the timing and purpose of Valuation Officer's reports in wealth-tax cases, aligning with established legal principles and precedent. en-us Wed, 12 Dec 1984 00:00:00 +0530 Mon, 08 Feb 2010 13:53:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26780 The High Court of Rajasthan held that a completed assessment cannot be reopened solely based on a Valuation Officer's report obtained for reopening purposes. The court affirmed the Tribunal's decision, ruling that the assessment had not been validly reopened under section 17 of the Wealth-tax Act. The judgment emphasizes the significance of the timing and purpose of Valuation Officer's reports in wealth-tax cases, aligning with established legal principles and precedent. Case-Laws Wealth-tax Wed, 12 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26780