https://www.taxtmi.com/caselaws?id=59191 The Tribunal held that the IAC lacked jurisdiction to pass an assessment order under the Wealth-tax Act due to the absence of a specific notification empowering him. As per the Madras High Court precedent, the Tribunal set aside the CWT(A) order solely on this ground, ruling in favor of the assessee on the jurisdictional dispute under the Wealth-tax Act for the assessment years 1979-80 & 1980-81. The Tribunal allowed the assessee's appeals and dismissed the departmental appeals, without considering the merits of the case. en-us Tue, 01 Dec 1987 00:00:00 +0530 Sat, 25 Dec 2010 14:37:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59191 The Tribunal held that the IAC lacked jurisdiction to pass an assessment order under the Wealth-tax Act due to the absence of a specific notification empowering him. As per the Madras High Court precedent, the Tribunal set aside the CWT(A) order solely on this ground, ruling in favor of the assessee on the jurisdictional dispute under the Wealth-tax Act for the assessment years 1979-80 & 1980-81. The Tribunal allowed the assessee's appeals and dismissed the departmental appeals, without considering the merits of the case. Case-Laws Wealth-tax Tue, 01 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59191