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COMMISSIONER OF WEALTH TAX versus DILIP KUMAR SINGHANIA


Reference to the valuation officer's duty to give notice to the assessor and make appropriate hearing before arriving at the assessment. The valuation officer evaluating the land and building on a high figure is a registered valuer of the Assisi fixing value on the lesser figure, in part from the rent accepted by the collective nature of the tenant in the income tax assessment. Earnings received by the valuation officer that the appraiser does not have a chance to hear when arriving at his assessment Compared to violating the principles of natural justice, the Tribunal found that valuation by the valuation officer Arrived at In the order of substitution of high and not lawful, the validity is reached by the Indian Taxes Act, 1957, section 16A (5), (6).

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