2001 (8) TMI 17

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....estions to the High Court of Andhra Pradesh (see [1995] 216 ITR 232). In the present appeals, only one question is pressed, namely, question No. 2, which reads thus: "2. Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was correct in law in holding that the right to wear the jewellery is not an asset so as to be assessed under section 21(1) of the Weal....