https://www.taxtmi.com/caselaws?id=14511 Protective inclusion of wealth in an assessee's hands is sustainable only where the same wealth has first been assessed substantively in another person's hands. The High Court found that the lower orders had not recorded any definite finding on whether the properties were so assessed, leaving the foundational fact unresolved. As the material on record was insufficient to answer the reference on merits, the matter was remitted to the Tribunal for fresh consideration and a finding on substantive assessment in the hands of any other person. en-us Thu, 12 Oct 2000 00:00:00 +0530 Thu, 16 Jul 2009 12:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14511 Protective inclusion of wealth in an assessee's hands is sustainable only where the same wealth has first been assessed substantively in another person's hands. The High Court found that the lower orders had not recorded any definite finding on whether the properties were so assessed, leaving the foundational fact unresolved. As the material on record was insufficient to answer the reference on merits, the matter was remitted to the Tribunal for fresh consideration and a finding on substantive assessment in the hands of any other person. Case-Laws Wealth-tax Thu, 12 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14511