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2005 (7) TMI 38 - HC - Wealth-tax"Whether, in law and on facts of the case the Income-tax Appellate Tribunal was justified in excluding the amount deposited under C.D.S. from the net wealth of the assessee?" - As in the present case exemption under section 5(1A) of the Act to the maximum limit of Rs. 1,50,000 has already been allowed, the question of granting any further exemption does not arise. We accordingly answer the question referred to us in the negative, i.e., in favour of the Revenue and against the assessee
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