Insertion of new section 23A

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.... (a) objecting to the amount of net wealth determined under this Act; or (b) objecting to the amount of wealth-tax determined as payable by him under this Act; or (c) denying his liability to be assessed under this Act; or (d) objecting to any penalty imposed by the Assessing Officer under section 18 or section 18A; or (e) objecting to any order of the Asse....

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....essee under the said section; or (j) objecting to any penalty imposed by the Deputy Director or Deputy Commissioner under section 18A, may appeal to the Commissioner (Appeals) against the assessment or order, as the case may be, in the prescribed form and verified in the prescribed manner and on payment of a fee of two hundred and fifty rupees. Explanation.-For the purpo....

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....ls or matter from the stage on which it was on that day: Provided that the appellant may demand that before proceeding further with the appeal or matter, the previous proceedings or any part thereof be re-opened or that he be re-heard. Explanation.-For the purposes of this sub-section, "appointed day" means the day appointed under section 248A of the Income-tax Act. (3) ....

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....asset is objected to in an appeal under clause (a) or clause (1) of sub-section (1), the Commissioner (Appeals) shall,- (a) in case where such valuation has been made by a Valuation Officer under section 16A, give such Valuation Officer an opportunity of being heard; (b) in any other case on request being made in this behalf by the Assessing Officer, give an opportunity of being ....