https://www.taxtmi.com/caselaws?id=58363 The Tribunal set aside the Commissioner's order in favor of the Hindu Undivided Family (HUF) in the case concerning assessments for the years 1965-66 to 1969-70. The primary issue was the validity of using a departmental valuation report obtained post-assessment to reassess the properties. The Tribunal held that the report was inadmissible as evidence, the Commissioner erred in relying solely on it, and the Board's circular directive exceeded statutory limits. As a result, the Tribunal ruled in favor of the appellant HUF, concluding that the original assessments were valid and rejecting the reassessment based on the departmental valuation report. en-us Wed, 12 May 1982 00:00:00 +0530 Sat, 18 Dec 2010 16:40:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58363 The Tribunal set aside the Commissioner's order in favor of the Hindu Undivided Family (HUF) in the case concerning assessments for the years 1965-66 to 1969-70. The primary issue was the validity of using a departmental valuation report obtained post-assessment to reassess the properties. The Tribunal held that the report was inadmissible as evidence, the Commissioner erred in relying solely on it, and the Board's circular directive exceeded statutory limits. As a result, the Tribunal ruled in favor of the appellant HUF, concluding that the original assessments were valid and rejecting the reassessment based on the departmental valuation report. Case-Laws Wealth-tax Wed, 12 May 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58363