1990 (8) TMI 38

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....nder section 27(1) of the Wealth-tax Act, 1957 : "(1) Whether, on the facts and in the circumstances of the case, in view of the cash system of accounting adopted by the assessee, the outstanding fees remaining unrecovered as on the valuation date constitute the net wealth of the assessee as on such date ? (2) If the answer to question No. (1) is in the affirmative, whether the amount to be incl....