Allahabad High Court: Partially allows wealth-tax applications, refers Question 1 on discounted compensation value. The High Court of Allahabad partially allowed the wealth-tax applications, directing the referral of Question No. 1 on the discounted value of ...
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Allahabad High Court: Partially allows wealth-tax applications, refers Question 1 on discounted compensation value.
The High Court of Allahabad partially allowed the wealth-tax applications, directing the referral of Question No. 1 on the discounted value of compensation received by the assessee, while Questions 2 and 3 were not referred. No costs were awarded.
The High Court of Allahabad allowed the wealth-tax applications in part. Question No. 1 regarding the discounted value of compensation received by the assessee was directed to be referred. Questions 2 and 3 were not referred. No costs were awarded. (Case citation: 1990 (7) TMI 77 - Allahabad High Court)
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