https://www.taxtmi.com/caselaws?id=67861 The Tribunal partly allowed the appeals, granting relief on the valuation of jewellery for the assessment year 1979-80. However, other contentions by the assessee regarding the inclusion of accrued interest in net wealth, value of vehicles, and shares of Lake Shore Palace Hotel Pvt. Ltd. were not upheld. The Tribunal directed the exclusion of deemed interest from net wealth for all four assessment years and found the values assessed by the authorities for vehicles and shares reasonable, declining to interfere with the CWT(A)'s orders. en-us Sat, 18 Jun 1983 00:00:00 +0530 Tue, 15 Mar 2011 11:00:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67861 The Tribunal partly allowed the appeals, granting relief on the valuation of jewellery for the assessment year 1979-80. However, other contentions by the assessee regarding the inclusion of accrued interest in net wealth, value of vehicles, and shares of Lake Shore Palace Hotel Pvt. Ltd. were not upheld. The Tribunal directed the exclusion of deemed interest from net wealth for all four assessment years and found the values assessed by the authorities for vehicles and shares reasonable, declining to interfere with the CWT(A)'s orders. Case-Laws Wealth-tax Sat, 18 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67861