https://www.taxtmi.com/caselaws?id=30096 The court ruled in favor of the assessee regarding the exemption of gold bonds under the Wealth Tax Act until redemption, based on a precedent emphasizing exemption regardless of the maturity date. However, the court sided with the revenue in the case of the deposit under the Compulsory Deposit Scheme, stating it did not qualify as an annuity and therefore was not exempted under the Act. en-us Fri, 08 Sep 2006 00:00:00 +0530 Thu, 07 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30096 The court ruled in favor of the assessee regarding the exemption of gold bonds under the Wealth Tax Act until redemption, based on a precedent emphasizing exemption regardless of the maturity date. However, the court sided with the revenue in the case of the deposit under the Compulsory Deposit Scheme, stating it did not qualify as an annuity and therefore was not exempted under the Act. Case-Laws Wealth-tax Fri, 08 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30096