https://www.taxtmi.com/caselaws?id=23704 Intangible additions made in income-tax proceedings were treated as part of the assessee's real income and, for wealth-tax purposes, could form part of net wealth under section 2(e) and section 2(m) of the Wealth-tax Act, 1957, unless it was shown that such additions were not available with the assessee on the relevant valuation dates. Applying its earlier view, the court accepted the Revenue's position and concluded that the additions were assessable as assets in the absence of a finding of non-availability on those dates. en-us Tue, 09 Jan 1990 00:00:00 +0530 Wed, 23 Dec 2009 16:01:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23704 Intangible additions made in income-tax proceedings were treated as part of the assessee's real income and, for wealth-tax purposes, could form part of net wealth under section 2(e) and section 2(m) of the Wealth-tax Act, 1957, unless it was shown that such additions were not available with the assessee on the relevant valuation dates. Applying its earlier view, the court accepted the Revenue's position and concluded that the additions were assessable as assets in the absence of a finding of non-availability on those dates. Case-Laws Wealth-tax Tue, 09 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23704