https://www.taxtmi.com/caselaws?id=36279 The court ruled that single assessment orders for all items of wealth are permissible. Jewellery in Part II of the First Schedule is excluded from net wealth assessment. Jewellery in Part I is assessed under section 21(1), and shares fund assessment is based on actuarial valuation of life interest. Sahebzadi Anwar Begum is the sole beneficiary, and ultimate persons are ignored for assessment purposes. The beneficiary's interest is assessed based on actuarial valuation of life interest. en-us Tue, 11 Jul 1978 00:00:00 +0530 Sat, 20 Mar 2010 13:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36279 The court ruled that single assessment orders for all items of wealth are permissible. Jewellery in Part II of the First Schedule is excluded from net wealth assessment. Jewellery in Part I is assessed under section 21(1), and shares fund assessment is based on actuarial valuation of life interest. Sahebzadi Anwar Begum is the sole beneficiary, and ultimate persons are ignored for assessment purposes. The beneficiary's interest is assessed based on actuarial valuation of life interest. Case-Laws Wealth-tax Tue, 11 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36279