1985 (8) TMI 21

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..... hether rule 1BB of the Wealth-tax Rules, 1957, applies to assessments made earlier which were pending either in appeal or otherwise or, whether the said rule applies only to assessments made after the date on which the rule came into operation. Mr. Sharma opposing the reference submits that this is obviously a procedural amendment and is not different from other amendments made in the Rules. The q .....

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..... ar as the other question proposed by the Tribunal is concerned, regarding the raising of additional grounds of appeal, the answer seems self-evident and we would decline to direct a reference regarding the same. Mr. Sharma has, at this stage, made an important suggestion regarding the retroactive operation of rule I BB. He submits that a very large number of persons own property to which rule 1 .....

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