Insertion of new Chapter IVA

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....TITIVE APPEALS 18C. Procedure when assessee claims identical question of law is pending before High Court or Supreme Court. (1) Notwithstanding anything contained in this Act, where an assesses claims that any question of law arising in his case for an assessment year which is pending before the Wealth-tax Officer or any appellate authority (such case being hereafter in this sect....

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....rence before the High Court or the Supreme Court under section 27 or in appeal before the Supreme Court under section 29. (2) Where a declaration under sub-section (1) is furnished to any appellate authority, the appellate authority shall call for a report from the Wealth-tax Officer on the correctness of the claim made by the assessee and, where the Wealth-tax Officer makes a request to ....

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....e shall not be entitled to raise, in relation to the relevant case, such question of law in appeal before any appellate authority or for a reference before the High Court or the Supreme Court under section 27 or in appeal before the Supreme Court under section 29. (5) When the decision on the question of law in the other case becomes final, it shall be applied to the relevant case and the....