https://www.taxtmi.com/caselaws?id=57166 A revisional order under wealth-tax law was held unsustainable where the assessment sought to be revised had not dealt with valuation of the assessee's interest in a partnership asset, and that valuation had already been accepted in an earlier assessment. The revisional authority could not treat the later assessment as erroneous on an issue that did not arise for determination in it. As the preconditions for revision were not met, the revision was set aside in favour of the assessee. en-us Sat, 26 Feb 1983 00:00:00 +0530 Wed, 08 Dec 2010 17:19:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57166 A revisional order under wealth-tax law was held unsustainable where the assessment sought to be revised had not dealt with valuation of the assessee's interest in a partnership asset, and that valuation had already been accepted in an earlier assessment. The revisional authority could not treat the later assessment as erroneous on an issue that did not arise for determination in it. As the preconditions for revision were not met, the revision was set aside in favour of the assessee. Case-Laws Wealth-tax Sat, 26 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57166