https://www.taxtmi.com/caselaws?id=17769 Under the Wealth-tax Act, a right to receive an amount from the State Government was considered in light of the charging concept of property "belonging to" the assessee and, following Supreme Court authority, was held not to be includible in net wealth. Accrued interest and rentals due, however, were accepted as part of net wealth for the relevant assessment year on the basis of prior authority. The reference was thus answered partly for the assessee and partly for the Revenue, while the remaining questions were left open for the Tribunal to decide on further material. en-us Fri, 04 Oct 1996 00:00:00 +0530 Thu, 24 Sep 2009 16:35:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17769 Under the Wealth-tax Act, a right to receive an amount from the State Government was considered in light of the charging concept of property "belonging to" the assessee and, following Supreme Court authority, was held not to be includible in net wealth. Accrued interest and rentals due, however, were accepted as part of net wealth for the relevant assessment year on the basis of prior authority. The reference was thus answered partly for the assessee and partly for the Revenue, while the remaining questions were left open for the Tribunal to decide on further material. Case-Laws Wealth-tax Fri, 04 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17769