https://www.taxtmi.com/caselaws?id=7159 The court held that brokerage commission cannot be deducted from the market value of shares under the Wealth-tax Act. The value of jewellery intended for personal use cannot be excluded beyond Rs. 25,000 limit. Compensation under the Bihar Land Reforms Act is included in the total wealth of the assessee. The petitioner was ordered to pay costs of Rs. 200 to the opposite party. en-us Wed, 28 Feb 1968 00:00:00 +0530 Wed, 11 Feb 2009 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7159 The court held that brokerage commission cannot be deducted from the market value of shares under the Wealth-tax Act. The value of jewellery intended for personal use cannot be excluded beyond Rs. 25,000 limit. Compensation under the Bihar Land Reforms Act is included in the total wealth of the assessee. The petitioner was ordered to pay costs of Rs. 200 to the opposite party. Case-Laws Wealth-tax Wed, 28 Feb 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7159