https://www.taxtmi.com/caselaws?id=8570 The High Court of Madras upheld wealth-tax assessments on the legal representative of a deceased assessee, emphasizing her failure to substantiate the claim of inheriting jewels valued at Rs. 3,350 instead of the assessed Rs. 1,00,000. Previous assessments under the Wealth-tax Act and Estate Duty Act were crucial in determining ownership and valuation. The legal representative's inability to meet the burden of proof with tangible evidence led to the assessments being upheld. The Court awarded costs to the revenue and allowed for the presentation of new evidence in future assessments. en-us Mon, 17 Jan 1972 00:00:00 +0530 Thu, 30 Apr 2009 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8570 The High Court of Madras upheld wealth-tax assessments on the legal representative of a deceased assessee, emphasizing her failure to substantiate the claim of inheriting jewels valued at Rs. 3,350 instead of the assessed Rs. 1,00,000. Previous assessments under the Wealth-tax Act and Estate Duty Act were crucial in determining ownership and valuation. The legal representative's inability to meet the burden of proof with tangible evidence led to the assessments being upheld. The Court awarded costs to the revenue and allowed for the presentation of new evidence in future assessments. Case-Laws Wealth-tax Mon, 17 Jan 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8570