https://www.taxtmi.com/caselaws?id=60172 The Tribunal upheld the best judgment assessments under s. 16(5) of the Wealth-tax Act, based on property ownership and valuation evidence from a previous assessment. The appeals challenging the assessments were dismissed as the assessee failed to provide new material to contest the valuation, emphasizing the necessity of presenting complete evidence in tax proceedings. en-us Thu, 29 Jan 1981 00:00:00 +0530 Tue, 04 Jan 2011 11:21:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60172 The Tribunal upheld the best judgment assessments under s. 16(5) of the Wealth-tax Act, based on property ownership and valuation evidence from a previous assessment. The appeals challenging the assessments were dismissed as the assessee failed to provide new material to contest the valuation, emphasizing the necessity of presenting complete evidence in tax proceedings. Case-Laws Wealth-tax Thu, 29 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60172