https://www.taxtmi.com/caselaws?id=98929 The court dismissed the appeals, affirming that amounts in the special reserve account, shareholders' accounts, and debenture loans were not deductible in determining the company's net wealth. The court held that these amounts were assets of the company and not deductible. The appeals were dismissed with costs, and the advocates' fee was set as one set. en-us Mon, 28 Aug 1972 00:00:00 +0530 Thu, 07 Aug 2014 09:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98929 The court dismissed the appeals, affirming that amounts in the special reserve account, shareholders' accounts, and debenture loans were not deductible in determining the company's net wealth. The court held that these amounts were assets of the company and not deductible. The appeals were dismissed with costs, and the advocates' fee was set as one set. Case-Laws Wealth-tax Mon, 28 Aug 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98929