https://www.taxtmi.com/caselaws?id=59288 The Tribunal partly allowed the appeals for the assessment years 1972-73 and 1974-75, dismissing certain grounds conceded by the assessee's counsel. The inclusion of the value of silver coins as assets was deemed improper for those years due to lack of evidence on the sources of investment. However, the inclusion of outstanding professional fees as an asset was upheld, with the Tribunal directing a reassessment of the valuation method based on potential market value. The judgment clarified asset inclusion in wealth assessment and stressed accurate valuation for income rights. en-us Fri, 15 May 1987 00:00:00 +0530 Mon, 27 Dec 2010 16:19:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59288 The Tribunal partly allowed the appeals for the assessment years 1972-73 and 1974-75, dismissing certain grounds conceded by the assessee's counsel. The inclusion of the value of silver coins as assets was deemed improper for those years due to lack of evidence on the sources of investment. However, the inclusion of outstanding professional fees as an asset was upheld, with the Tribunal directing a reassessment of the valuation method based on potential market value. The judgment clarified asset inclusion in wealth assessment and stressed accurate valuation for income rights. Case-Laws Wealth-tax Fri, 15 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59288