RAJESHWARI BIRLA Vs. WEALTH TAX OFFICER H WARD

JUDGEMENT

(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 :

(3.) It appears that the said respondent No. 2 passed an order of assessment under Section 16(3) ot the said Act, which is to the following effect :