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W. T. A. NO. 152/KB OF 1998=99, DECIDED ON 26TH DECEMBER, 1998. versus W. T. A. NO. 152/KB OF 1998=99, DECIDED ON 26TH DECEMBER, 1998.


Wealth Tax Act 1963 Section 16 (4) Wealth Tax Rules, 1963, R8 (8) The value of interest in the contribution / association of the evaluated persons all the part of the claimed income but limited this credibility to the real income as in the books of Assisi. The account books claimed by the company indicate that the Associating Officer did not act in front of the Assessing Officer in support of this claim. Included on the basis of alleged income and net increase of the SC's first appellate authority on the basis that the assessee was not prohibited by law from realizing the true income, there was no taxing There was no management. Wealth Tax Act, 1963 Partner interest rates have to be strictly determined in terms of Wealth Tax Rules, 1963, R8 (8) of Accounts and Documents. Under Section 16 (4) of the Wealth Tax Act 1963, the order of the First Appellate Authority required to appear before the Assigning Officer was passed and the Appellate Tribunal ruled that the Issuing Officer's order had been set aside for the new determination of share revenue. Was. Rule 8 (8) of the Wealth Tax Rules, 1963, after the inspection of the books of the account of the firm by the assessee before the assessee officer.

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