Deposit under "Own Your Telephone" Scheme-Taxability under Wealth-tax Act, 1957-Clarification regarding

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....e" Scheme-Taxability under Wealth-tax Act, 1957-Clarification regarding. The Board have examined the question whether the deposit made under "Own Your Telephone" Scheme is an asset within the meaning of section 2(c) of the Wealth-tax Act, 1957, and, as such, includible in the net wealth of an assessee. 2. The payment made under "Own Your Telephone" Scheme is in the nature of advance payment ....