TMI Blog1988 (4) TMI 7X X X X Extracts X X X X X X X X Extracts X X X X ..... the following question of law, namely: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the net wealth of the Adarsh Gram Trust is exempt under section 5(1)(i) of the Wealth-tax Act, 1957, in view of the objects mentioned in the Notification No. 11 dated January 4, 1949 ?" The relevant assessment years are 1970-71 and 1971-72, in respect of wh ..... X X X X Extracts X X X X X X X X Extracts X X X X
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