M.N.ROY
RAJESHWARI BIRLA – Appellant
Versus
WEALTH-TAX OFFICER, h WARD – Respondent
( 1 ) THE petitioner is admittedly an assessee under the provisions of the W. T. Act, 1957 (hereinafter referred to as "the said Act"), in respect of her share held in various companies, deposits in banks and jewelleries. For the assessment year 1968-69, the relevant valuation date being March 31, 1968, she filed her return of net wealth before the WTO concerned, being respondent No, 3, She has claimed that in her return she fully and truly disclosed all the material particulars of her net wealth chargeable to tax under the said Act. She has also claimed that along with such return, she filed a statement of net wealth as on March 31, 1968.
( 2 ) BY a notice under Section 16 (2) of the said Act, which is to the following effect :"section 16. (2) If the Wealth-tax Officer is not so satisfied, he shall serve a notice on the assessee either to attend in person at his office on a date to be specified in the notice or to produce or cause to be produced on that date any evidence on which the assessee may rely in support of his return ", the WTO, ' G ' Ward, being respondent No. 1, required her to furnish further information and produce documents, accounts and other evidenc
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.