https://www.taxtmi.com/caselaws?id=39477 The court held that jewellery, including gold ornaments, was not entitled to exemption under section 5(1)(viii) for assessment years 1963-64 and 1964-65 but was entitled to exemption for the assessment year 1962-63. Additionally, the court ruled that the assessee was entitled to deduction in respect of tax liabilities as finally determined on assessment, rather than based on the returns filed. en-us Thu, 13 Dec 1973 00:00:00 +0530 Fri, 16 Apr 2010 16:25:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39477 The court held that jewellery, including gold ornaments, was not entitled to exemption under section 5(1)(viii) for assessment years 1963-64 and 1964-65 but was entitled to exemption for the assessment year 1962-63. Additionally, the court ruled that the assessee was entitled to deduction in respect of tax liabilities as finally determined on assessment, rather than based on the returns filed. Case-Laws Wealth-tax Thu, 13 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39477