https://www.taxtmi.com/caselaws?id=66041 The Tribunal concluded that the assessments under Section 21(1) were invalid as the right to wear jewellery did not constitute an asset under Section 2(e) and the particulars of beneficiaries were not specified. Consequently, the appeals were allowed, and the assessments were cancelled. en-us Fri, 17 Mar 1989 00:00:00 +0530 Mon, 21 Feb 2011 10:33:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66041 The Tribunal concluded that the assessments under Section 21(1) were invalid as the right to wear jewellery did not constitute an asset under Section 2(e) and the particulars of beneficiaries were not specified. Consequently, the appeals were allowed, and the assessments were cancelled. Case-Laws Wealth-tax Fri, 17 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66041