Wealth Tax - Judgment Search Results

Commissioner of Wealth-tax, Gujarat Vs. Arundhati Balkrishna

Court: Supreme Court of India

Reported in: AIR1971SC915; (1970)GLR974; [1970]77ITR505(SC); (1970)1SCC561; [1970]3SCR819

K.S. Hegde, J. 1. These appeals by certificate under Section 29 of the Wealth Tax Act, 1957 (to be hereinafter referred to as the Act) arise from a reference under Section 27(1) of … ascertaining her net wealth. She contends that the value of those jewellery is exempt under Section 5(1)(viii). The Wealth Tax Officer rejected both those contentions and assessed her after including in her net wealth the value of the

Commissioner of Wealth-tax Vs. Senatkumar Jayantilal. (Wtr. No. 13 of ...

Court: Gujarat

Reported in: [1982]135ITR180(Guj)

in respect of the assessment year 1967-68, on the ground that there was a delay in filing the wealth-tax return. The assessee in fact had filed the return in his individual capacity within the prescribed time. Admittedly,

Akber A. Dehgamwalla Vs. Commissioner of Wealth-tax

Court: Mumbai

Reported in: [1992]195ITR17(Bom)

T.D. Sugla, J.1. Wealth-tax Reference No. 5 is at the instance of the Department. Wealth-tax Reference No. 12 involves cross-references, i.e., both

Harshadkumar Natverlal Dalal Vs. Commissioner of Wealth Tax

Court: Gujarat

Reported in: [1996]219ITR592(Guj)

Under the scheme of the WT Act, s. 3 provides that every individual is to be charged to wealth-tax in respect of his net wealth on the corresponding valuation date of every assessment year at the rates … Rs. 50,000 per annum from the use was nothing but an annuity not commutable and, therefore, exempt from wealth-tax under s. 2(e)(iv) of the WT Act, that is to say, it was excluded from the definition of

A. Sivasailam Vs. Commissioner of Wealth Tax

Court: Chennai

Reported in: [1997]228ITR322(Mad)

where it was held that the final liability is the liability that has to be reckoned in the wealth tax assessment of the assessee. According to the WTO the break up value has to be ascertained with reference … place. Even though the estate duty liability was ascertained on a later date, before the completion of the wealth-tax assessments, as per the decision in CWT vs . K. S. N. Bhatt : [1984]145ITR1(SC) ; CWT vs

Jit Paul (Huf) and ors. Vs. Commissioner of Wealth-tax

Court: Kolkata

Reported in: [1994]209ITR675(Cal)

Ajit K. Sengupta, J. 1. In this reference under Section 27(1) of the Wealth-tax Act, 1957, the following questions of law have been referred to this court for the assessment years 1976-77

Commissioner of Income-tax/ Wealth-tax/ Gift-tax Madras Vs. M. P. R. P ...

Court: Chennai

Reported in: [1969]71ITR601(Mad)

of Commissioner of Income-tax and under section 66(1) of the Indian Income-tax Act, 1922, section 27(1) of the Wealth-tax Act, 1957, and section 26(1) of the Gift-tax Act, 1958, the following questions have been referred to us

Commissioner of Wealth Tax, Rajkot Vs. Estate of Late Hmm Vikramsinhji ...

Court: Supreme Court of India

REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL No.2312 OF2007COMMISSIONER OF WEALTH TAX, RAJKOT Appellant (s) VERSUS ESTATE OF LATE HMM VIKRAMSINHJI OF Respondent(s) GONDAL WITH Civil Appeal No.329 of 2009 … group of 17 Appeals - 8 arising from the Income Tax Act, 1961 and 9 arising from the Wealth Tax Act, 1957. Of the 9 Wealth Tax appeals, one appeal relates to 'protective assessment' for 18 assessment years,

Commissioner of Wealth-tax Vs. Trutees of Sahebzadas of Saraf-e-khas T ...

Court: Supreme Court of India

Reported in: AIR1997SC692; [1997]224ITR558(SC); JT1997(1)SC218; 1996(9)SCALE256; (1997)3SCC481

against the order of the Andhra Pradesh High Court answering the reference made under Section 27(1) of the Wealth Tax Act, 1957, at the instance of the Revenue, in favour of the assessee and against the Revenue. The … said question in favour of the assessee following the earlier decision of the said Court in Commissioner of Wealth Tax v. R.D. Chand : [1977]108ITR787(AP) 2. In these appeals, it is contended by the learned Counsel for the

Commissioner of Wealth-tax Vs. Trustees of H.E.H. the Nizam's W.G. Tru ...

Court: Supreme Court of India

Reported in: [2002]254ITR551(SC)

to wear the jewellery is not an asset so as to be assessed under Section 21(1) of the Wealth-tax Act, 1957, in the hands of the trust representing the beneficiary, even after the retrospective amendment of section … the hands of the trust representing the beneficiary, even after the retrospective amendment of section 5(1)(viii) of the Wealth-tax Act, 1957, by the Finance (No. 2) Act, 1971 ?'3. The High Court declined to call for the