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1971 (7) TMI 36 - HC - Wealth-taxNet wealth - Whether the sum of Rs. 58,62,248 being the value of 3 1/2% war loan securities and foreign bank balances, was includible in the net wealth – Held, no. But the value of the intangible right of the assessee's claim to the said assets was includible in her net wealth - Whether, the sum of Rs. 4,81,181 representing the value of debentures and shares standing in the names of the assessee and her sons were includible in the wealth of the assessee – Held, yes
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