https://www.taxtmi.com/caselaws?id=29207 The Tribunal determined that a valid trust was established by the Nizam in June 1961 regarding shares valued at Rs. 23,50,000, which were deemed part of the original trust created on August 12, 1957. Consequently, these shares were excluded from the Nizam's net wealth for the assessment years 1962-63 and 1963-64. Each party was instructed to bear their own costs, with advocates' fees set at Rs. 250 in each instance. en-us Fri, 04 Aug 1978 00:00:00 +0530 Thu, 11 Mar 2010 13:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29207 The Tribunal determined that a valid trust was established by the Nizam in June 1961 regarding shares valued at Rs. 23,50,000, which were deemed part of the original trust created on August 12, 1957. Consequently, these shares were excluded from the Nizam's net wealth for the assessment years 1962-63 and 1963-64. Each party was instructed to bear their own costs, with advocates' fees set at Rs. 250 in each instance. Case-Laws Wealth-tax Fri, 04 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29207