1995 (8) TMI 34

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....g question for the opinion of this court : " Whether, on the facts and in the circumstances of the case, and in view of the provisions of section 16A(6) of the Wealth-tax Act, 1957, the Wealth-tax Officer is not statutorily obliged to adopt the valuation estimated by the Valuation Officer under section 16A(5) of the Wealth-tax Act and complete the assessment in conformity with the estimate of the....

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....was confirmed. At the instance of the Revenue, the above question has been referred to this court for opinion under section 27(3) of the Wealth-tax Act, 1957. An identical question came up before this court in the case of CWT v. Dr. H. Rahman [1991] 189 ITR 307, wherein it was held that the Wealth-tax Officer having called for the report of the Valuation Officer under section 16A(1) of the Act is ....