1987 (7) TMI 23

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... REDDY J.-The question referred to us under section 27(1) of the Wealth-tax Act, is: " Whether, on the facts and in the circumstances of the case, the inclusion of the partnership share value of Rs. 2,52,725 in the net wealth of the assessee-family under section 4(1)(b) of the Wealth-tax Act or under section 2(m) of the Wealth-tax Act is correct in law ? " The assessee admitted a sum of Rs. ....