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<h1>High Court rules against Wealth-tax Commissioner on two questions</h1> The High Court of Karnataka ruled in the negative on two questions referred by the Commissioner of Wealth-tax, based on previous court decisions. - [1989] ... Exemptions, Wealth Tax The High Court of Karnataka ruled on two questions referred by the Commissioner of Wealth-tax. The first question was answered in the negative based on a previous court decision. The second question was also answered in the negative, following another court decision.