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TMI Blog2005 (3) TMI 103X X X X Extracts X X X X X X X X Extracts X X X X ..... thorities have not committed any illegality in not considering the said claim - 41 of 1989 - - - Dated:- 1-3-2005 - R. K. AGRAWAL and PRAKASH KRISHNA JJ. R. R. Kapoor for the assessee. A. N. Mahajan for the Commissioner. JUDGMENT The Income-tax Appellate Tribunal, Allahabad, has referred the following questions of law under section 27(3) of the Wealth-tax Act, 1957, hereinafter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y, the assessments were framed taking the net wealth at Rs. 2,00,000 for the assessment year 1974-75 and Rs. 2,50,000 for the assessment years 1975-76 to 1977-78. These assessments were set aside by the Appellate Assistant Commissioner to be framed afresh. The assessing authority, thereafter issued notice under section 16(2) of the Act in response to which the applicant's counsel attended. However ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the appellant failed to produce any details." 4. Still feeling aggrieved the appellant preferred an appeal before the Tribunal which has upheld the order of the Appellate Assistant Commissioner. 5. We have heard Sri R. R. Kapoor, learned counsel for the applicant and Sri A. N. Mahajan, learned standing counsel for the Revenue. 6. Learned counsel for the applicant submitted that the cl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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