1983 (10) TMI 4

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..... e wealth-tax liability on the undisputed portion of the total wealth of the assessee as finally ascertained on completion of the assessments for those years after the valuation date - - - - - Dated:- 21-10-1983 - Judge(s) : E. S. VENKATARAMAIAH. and R. S. PATHAK. JUDGMENT The judgment of the court was delivered by PATHAK J.- These appeals by the Commissioner of Income-tax, Bombay, ar .....

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..... date, and not the wealth-tax liability estimated with reference to the total net wealth declared by the assessee in its return of wealth for those years ? " After hearing learned counsel, we are of opinion that the High Court is right and that the questions must be answered in favour of the assessee and against the Revenue. In view of the decision of this court in H. H. Setu Parvati Bayi v. CWT .....

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