https://www.taxtmi.com/caselaws?id=28473 The court ruled in favor of the petitioner, a wealth-tax assessee, challenging the WTO's jurisdiction to reopen assessments for the years 1972-73 to 1974-75. The court held that as the petitioner had disclosed all primary facts regarding land valuation, there was no failure to trigger the WTO's authority to reopen assessments under s. 17(1)(a) of the W.T. Act. The court quashed the notices issued by the WTO, ordered costs to be borne by the respondents, and directed the refund of the security deposit to the petitioners. en-us Wed, 30 Jun 1982 00:00:00 +0530 Mon, 22 Feb 2010 18:44:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28473 The court ruled in favor of the petitioner, a wealth-tax assessee, challenging the WTO's jurisdiction to reopen assessments for the years 1972-73 to 1974-75. The court held that as the petitioner had disclosed all primary facts regarding land valuation, there was no failure to trigger the WTO's authority to reopen assessments under s. 17(1)(a) of the W.T. Act. The court quashed the notices issued by the WTO, ordered costs to be borne by the respondents, and directed the refund of the security deposit to the petitioners. Case-Laws Wealth-tax Wed, 30 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28473