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COMMISSIONER OF WEALTH TAX versus MUHAMMAD AHMAD

Section 27 (4) and 16 (3) of the Wealth Tax Act 1963 Reference Application Plot The valuation officer accepted the declared value of half of the plot in the hands of one co-owner while the other of the same plot. Half the value was estimated upside down in the hands of the other co-owner. The tribunal instructed the issuing officer to accept half the value of the plot in the hands of the other co-owner. The Department also challenged the Tribunal's order on the ground that its price was accepted without identifying any of the factors in question, in which the justification for the declared price was considered as justification which is lower than two for reference. The High Court dismissed the differences between the petitions best advocate from Rahimyar Khan lawyer