https://www.taxtmi.com/caselaws?id=58157 The Tribunal dismissed the Revenue's appeal against the CWT (A) order, affirming the exclusion of the present value of deferred annuity policies and outstanding professional fees from the assessee's net wealth. The Tribunal found that previous decisions cited were not directly relevant, and upheld the CWT (A) decision, emphasizing that Tribunal rulings should not be overturned without valid reasons. The High Court ruling referenced by the Revenue was deemed inapplicable to the case involving a film artist. en-us Tue, 23 Oct 1984 00:00:00 +0530 Fri, 17 Dec 2010 16:23:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58157 The Tribunal dismissed the Revenue's appeal against the CWT (A) order, affirming the exclusion of the present value of deferred annuity policies and outstanding professional fees from the assessee's net wealth. The Tribunal found that previous decisions cited were not directly relevant, and upheld the CWT (A) decision, emphasizing that Tribunal rulings should not be overturned without valid reasons. The High Court ruling referenced by the Revenue was deemed inapplicable to the case involving a film artist. Case-Laws Wealth-tax Tue, 23 Oct 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58157