1986 (2) TMI 35 - HC - Income Tax

Summary

The petitioner received a notice from the Assistant Valuation Officer regarding the valuation of assets, which was referred by the Wealth-tax Officer. The High Court rejected the petition to quash the notice, stating that the petitioner should raise objections before the Wealth-tax Officer. The extraordinary jurisdiction under Article 226 of the Constitution was not warranted in this case. The order was issued to the parties' counsel.