1990 (1) TMI 67 - HC - Wealth-tax

Summary

The petitioner sought a legal question regarding the valuation of compensation in a wealth-tax case. The High Court dismissed the petition, stating that valuation should be based on the award or order already passed, and rectification cannot be made based on future enhancements in compensation. The court referred to a previous decision and concluded that no reference was necessary. The petition was dismissed with no order as to costs.