1990 (8) TMI 127

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....lowing question of law to this court under section 27(1) of the Wealth-tax Act, 1957 (hereinafter referred to as "the Act") : "Whether, on the facts and in the circumstances of the case, the Tribunal was correct in holding that the Wealth-tax Officer could not rectify his assessment orders under section 35 of the Wealth-tax Act consequent to the amendment under section 5(1)(viii) of the Wealth-....

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....he assessee, rectified the order of assessment under section 35 of the Act and included the value of jewellery in the order of assessment. Aggrieved by the order passed by the Wealth-tax Officer, the assessee preferred appeals which were dismissed by the Appellate Assistant Commissioner. On further appeal before the Tribunal, the Tribunal held, relying on a judgment of the Bombay High Court in the....