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W.T.AS. NOS. 271/LB TO 274/113 AND 556/LB TO 559/LB OF 1991-92 versus W.T.AS. NOS. 271/LB TO 274/113 AND 556/LB TO 559/LB OF 1991-92


Appellant, Assessing the Wealth Tax Act 1963 Section 7 Property, returned the house price and claimed that he had settled the house for consideration of Rs. Do not think about the value of the compromised officer should also be accepted. The actual, rejected and adopted value on its own ITC (A), considering the upside and housing estates in the cantonment area where the property does not fall into the freehold hold, the value is less but for the appellant. Not for satisfaction depends on the order of the civil court. In which the agreement was deemed genuine, the civil court determined that the property rights were fully conveyed by the agreement, however, the possession of the property was not indicated by the evidence and the court's decision also Was silent at the point. , The officer reviewing the matter needs to be remanded along with the direction that the occupation should be examined and the value assessed and the position sought to determine the applicant's origin even after the execution of the contract. And maintains constructive control

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