1991 (4) TMI 15

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....e departmental references relating to the assessees' wealth-tax assessment for the assessment years 1965-66 to 1970-71 (Wealth-tax Reference No. 10 of 1977), 1966-67 to 1969-70 (Wealth-tax Reference No. 16 of 1977) and 1970-71 (Wealth-tax Reference No. 17 of 1977), the Tribunal has referred to this court the following questions of law for opinion : Wealth-tax Reference No. 10 of 1977 : "Whet....

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.... facts and in the circumstances of the case, the provisions of section 35 cannot be invoked to include jewellery of Rs. 2,10,000 in view of the retrospective amendment made in section 5(1)(viii) of the Wealth-tax Act, 1957, by the Finance (No. 2) Act, 1971 ? " When these references were called out for hearing, none was found to appear on behalf of the respondent-assessee in each case. Shri Jetl....