2001 (2) TMI 48

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....ncome for the assessment years 1978-79 and 1979-80, the Wealth-tax Officer adopted the residential status of the assessee as a resident but not ordinarily resident as taken in the income-tax assessment and consequently denied the claim for exemption of foreign wealth from wealth-tax. On appeal, the Commissioner of Wealth-tax (Appeals) held that in the income-tax assessment claimed by the assessee ....