https://www.taxtmi.com/caselaws?id=59811 A valid voluntary disclosure accepted under the disclosure scheme prevented the same wealth from being taxed again under the Wealth-tax Act for the same years. The notice-based objection also failed because, for the relevant years, the statutory notices had been served after the material date, and the enactment treated service of notice as the operative requirement. The commentary therefore states that wealth already covered by a valid disclosure could not be reassessed, and that assessments depending on late-service notices were unsustainable on the facts described. en-us Fri, 30 Apr 1982 00:00:00 +0530 Sat, 01 Jan 2011 12:43:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59811 A valid voluntary disclosure accepted under the disclosure scheme prevented the same wealth from being taxed again under the Wealth-tax Act for the same years. The notice-based objection also failed because, for the relevant years, the statutory notices had been served after the material date, and the enactment treated service of notice as the operative requirement. The commentary therefore states that wealth already covered by a valid disclosure could not be reassessed, and that assessments depending on late-service notices were unsustainable on the facts described. Case-Laws Wealth-tax Fri, 30 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59811