2022 (8) TMI 1335

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.... : No appearance JUDGMENT R. MAHADEVAN, J. This Tax Case Appeal has been filed by the appellant / revenue, questioning the correctness of the order dated 01.08.2016 passed by the Income Tax Appellate Tribunal Madras "B" Bench, in WTA. No.14/Mds/2008 for the assessment year 1996-97, on the following substantial questions of law; ' 1. Whether the Appellate Tribunal was correct in directing ....

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....irecting the Assessing Officer to compute the value of assessee's interest of the partnership Firm in accordance with Section 7(1) read with schedule-III- 15&16 Part-E of the Wealth Tax Act without going into the merits of the fact that the liability, shown by some of these firms against assets, is not proved? 2. When the matter was taken up for consideration, the learned counsel for the appe....