Revisionary power of commissioners u/s.23(2) of W.T.Act, 1957.

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....ioners u/s.23(2) of the W.T.Act, 1957. 2. The law as it stands gives a sort of finality to the valuation made by the valuation officer, in view of the provisions of sec.16A(6) of the W.T.Act. The question is : can the department retrieve the loss if, perchance the valuation made by the valuation officer is found to be prejudicial to revenue? It is obvious that the situation can be salvaged only i....