https://www.taxtmi.com/caselaws?id=71401 The Tribunal partially allowed the appeals by directing the exclusion of the enhanced compensation amount from the net wealth calculation due to the encumbrance on the fixed deposit pledged as security for a bank guarantee. The encumbrance was found to impact the market value of the fixed deposit, leading to its removal from the net wealth assessment. en-us Tue, 14 Feb 1984 00:00:00 +0530 Sat, 23 Apr 2011 11:58:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71401 The Tribunal partially allowed the appeals by directing the exclusion of the enhanced compensation amount from the net wealth calculation due to the encumbrance on the fixed deposit pledged as security for a bank guarantee. The encumbrance was found to impact the market value of the fixed deposit, leading to its removal from the net wealth assessment. Case-Laws Wealth-tax Tue, 14 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71401