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W.T. AS. NOS. 652/LB TO 657/LB OF 2006, DECIDED ON 5TH MAY, 2007. versus W.T. AS. NOS. 652/LB TO 657/LB OF 2006, DECIDED ON 5TH MAY, 2007.


The finalization of a single assessment order assessment for all years was made under section 16 (4) of the Wealth Tax Act by referring to Section 16 (4) of the Wealth Tax Act, 1963. 1963 stated that the purpose of the provision of the law was to seek details and clarification on some points, if necessary, could not be assessed under section 16 (4) of the Revenue Wealth Tax Act, 1963; ). ) Even when facing the Department of Wealth Tax Act, 1963, it was not defined, the score was not assessable and the appellate authority earlier canceled it rightly.

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