https://www.taxtmi.com/caselaws?id=61305 The Tribunal annulled the reassessments initiated under Section 17 of the Wealth Tax Act, ruling that the proceedings were void due to the lack of a valid notice and Bimla Devi's disqualification as the Manager of the HUF. Additionally, the Tribunal found that the inclusion of the value of the plots in the wealth tax returns was justified as the plots were intended for Suman's marriage, with the sale proceeds appropriately utilized. The admission of additional evidence regarding Navin Kumar's age was deemed crucial. Consequently, all four appeals were allowed in favor of the appellants. en-us Sat, 16 Jun 1984 00:00:00 +0530 Wed, 12 Jan 2011 11:34:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61305 The Tribunal annulled the reassessments initiated under Section 17 of the Wealth Tax Act, ruling that the proceedings were void due to the lack of a valid notice and Bimla Devi's disqualification as the Manager of the HUF. Additionally, the Tribunal found that the inclusion of the value of the plots in the wealth tax returns was justified as the plots were intended for Suman's marriage, with the sale proceeds appropriately utilized. The admission of additional evidence regarding Navin Kumar's age was deemed crucial. Consequently, all four appeals were allowed in favor of the appellants. Case-Laws Wealth-tax Sat, 16 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61305