1981 (10) TMI 62

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..... fect from 1st April, 1976, are procedural and have, therefore, retrospective effect. (ii) The ld. AAC has erred in holding that WTO has erred in not accepting the assessee's option of valuation of self occupied property for the year under consideration at the same value as for the asst. yr. 1971-72. The effect of the impugned order has been that the assessee has been allowed relief of Rs. 37,0 .....

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..... ounter or contrary decision of any Bench of the Tribunal much less that of any High Court has been relied upon by the Revenue. 3. Additionally for the assessee, reliance has been placed on order dt. 20th June, 1981 made by Cuttack Bench, IT Appellate Tribunal at Jaipur in WTA Nos. 639 to 642 (JP)/80 in relation to the asst. yrs. 1972-73 to 1975-76 made in the case of Shri Srichand Golecha, Jaip .....

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