Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1974 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1974 (4) TMI 4 - DELHI HIGH COURTFather renounced right to further equity shares in favour of minor daughter who acquired shares with her own funds - market value of shares exceeded face value - " Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the value of the assessee's right to acquire further equity shares which right he renounced in favour of his minor daughter was not includible in the assessee's net wealth under section 4(1)(a)(ii) of the Wealth-tax Act, 1957 ? "
|