1998 (6) TMI 117

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....cation under section 27(1) of Wealth-tax Act, 1957 requires us to refer the following question, said to be a question of law arising out the order under section 27(6) of Wealth-tax Act, 1957 passed by the Tribunal in WTA No. 1580/Del/ 83 for A.Y. 1977-78 :-- "Whether the Tribunal was justified in holding that Rule 1BB of the Wealth-tax Rules was applicable for Assessment Year 1977 -78 retrospec....

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....ffect to judgment dated16-7-1996passed by the Hon'ble High Court of Delhi. It is indeed strange that the Ld. Commissioner of Wealth-tax has filed a Reference Application under section 27(1) of Wealth-tax Act in respect of an alleged question of law arising out of such an order under section 27(6) passed by the Tribunal in complete oversight of the fact that a consequential order under section 27(6....