JUDGMENT
1. This is a reference under section 27(1) of the Wealth Tax Act, in which the following question has been referred to us for our opinion :
1. This is a reference under section 27(1) of the Wealth Tax Act, in which the following question has been referred to us for our opinion :
Whether the Tribunal was justified in law in holding that the revenue did not have any grievance because the assessment had been set aside with the direction that the Wealth Tax Officer shall reframe the assessments after complying with rule IBB of the Wealth Tax Rules.
2. The question referred is covered by the decision of the Supreme Court in CWT v. Sharvan Kumar Swarup & Sons (1994) 210 ITR 886 (SC).
2. The question referred is covered by the decision of the Supreme Court in CWT v. Sharvan Kumar Swarup & Sons (1994) 210 ITR 886 (SC).
3. Following the said decision, the reference is answered in the affirmative, i.e., in favour of the assessee and against the department.
3. Following the said decision, the reference is answered in the affirmative, i.e., in favour of the assessee and against the department.