https://www.taxtmi.com/caselaws?id=5892 The Court dismissed the appeals as the Revenue failed to establish that the wealth-tax liabilities were outstanding on the valuation dates and that the assessee's challenges to the tax amounts met the requirements of section 2(m)(iii)(a) of the Wealth Tax Act. The judgment clarified the interpretation of the provision and highlighted the significance of timing in appealing tax liabilities for claiming deductions in wealth tax assessments. en-us Wed, 13 Mar 1985 00:00:00 +0530 Tue, 10 Jun 2014 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5892 The Court dismissed the appeals as the Revenue failed to establish that the wealth-tax liabilities were outstanding on the valuation dates and that the assessee's challenges to the tax amounts met the requirements of section 2(m)(iii)(a) of the Wealth Tax Act. The judgment clarified the interpretation of the provision and highlighted the significance of timing in appealing tax liabilities for claiming deductions in wealth tax assessments. Case-Laws Wealth-tax Wed, 13 Mar 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5892