1986 (10) TMI 2 - SUPREME COURT

Whether, the properties in respect of which registered sale deeds had not been executed, but consideration had been received, belonged to the assessee for the purpose of inclusion in his net wealth within the meaning of section 2(m) - held that from the terms of the agreement that there was an express stipulation precluding commutation - it comes within sub-clause (iv) of section 2(e) and the assessee was entitled to exemption - question, is answered in negative & in favour of the assessee.