Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
Home
The High Court of Bombay ruled in favor of the Revenue in a case regarding the rectification of a Wealth-tax assessment related to the value of jewelry. The judgment was based on a previous Supreme Court decision and emphasized the need to consider whether the ornaments in question qualify as "jewelry" under the Wealth-tax Act.
|