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W.T.AS. NOS. 124/LB TO 126/LB OF 2002, DECIDED ON 26TH FEBRUARY, 2002 versus W.T.AS. NOS. 124/LB TO 126/LB OF 2002, DECIDED ON 26TH FEBRUARY, 2002

Wealth Tax Act 1963 Sections 17B, 16 (3) and 2 (16) Wealth Tax Rules, 1963, R8 (3) CBR Circular No. 11 1994 Dated 17 7 1994, Para 1 (b) (1) Inspection Powers Commissioner will review the order of the Wealth Tax Officer on the purchase of property through an advance payment sale agreement announcing such an agreement in the Wealth Tax Return on behalf of the seller in the property civil court under litigation. The contract was rejected because of a contract with the seller and the Assistant Commissioner, who inspected the high cost based on the previous valuation years, rejected the assessment. It was canceled on the basis that the property was adopted irrespective of the provisions of R8 (3) of the Tax Rates Rules, 1963. The contents of the attorney's power of attorney were estimated because the seller had no further interest in the property, he was no longer the owner of the property The contract for sale and occupation of the civil suit had no effect. ? Assistant Commissioner inspecting the Assessment Commissioner using the amending powers under section 17B of the Property Tax Act 1963 and canceling the assessment order made under section 16 (3) of the Theta Wealth Tax Act 1963 Did not uphold validity orders. In the eyes of the law; the Assisi acknowledged that the property purchased through the sale agreement was registered despite having been registered with the sub-registrar, however, it would not be considered to be equivalent to a registered sale deed. Transfer property title from seller to buyer. Without which to skip the revenue record solicitors from Buchay Key lawyer