https://www.taxtmi.com/caselaws?id=64422 The Tribunal upheld the assessee's appeal, ruling that the sum of Rs. 8,81,666 could not be included as an asset in the net wealth for the assessment years 1975-76 to 1978-79. The Tribunal emphasized that the amount was received post the valuation dates and the assessee did not have a disposable right to it during the relevant assessment years. Therefore, the sum was deemed not part of the net wealth, as affirmed by the Appellate Authority Commissioner's decision, which was upheld by the Tribunal. en-us Fri, 19 Dec 1986 00:00:00 +0530 Mon, 07 Feb 2011 17:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64422 The Tribunal upheld the assessee's appeal, ruling that the sum of Rs. 8,81,666 could not be included as an asset in the net wealth for the assessment years 1975-76 to 1978-79. The Tribunal emphasized that the amount was received post the valuation dates and the assessee did not have a disposable right to it during the relevant assessment years. Therefore, the sum was deemed not part of the net wealth, as affirmed by the Appellate Authority Commissioner's decision, which was upheld by the Tribunal. Case-Laws Wealth-tax Fri, 19 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64422