2004 (11) TMI 66

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.... appeal shall govern disposal of other connected appeals being W.T.A. Nos. 85, 86, 87 and 88 of 2004 because it involves a common question and secondly, all these appeals relate to the same assessee. This is an appeal filed by the Revenue (Commissioner of Wealth-tax) under section 27A of the Wealth-tax Act, 1957, against an order dated December 23, 2003, passed by the Income-tax Appellate Tribuna....

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....y the learned Authorised Representative, we set aside the orders of the Commissioner of Wealth-tax (Appeals) and direct the Assessing Officer to value the plot at Rs. 18 per sq. ft. in the assessment year 1987-88 and thereafter make increase of 71/2 per cent, for appreciation in the later years." It is against this finding, the Revenue has come up in appeal. Heard Shri R.L. Jain with Ku. Mandlik....