TMI Blog1990 (6) TMI 19X X X X Extracts X X X X X X X X Extracts X X X X ..... rred to this court by the Tribunal under section 27(1) of the Wealth-tax Act, 1957, is : "Whether, on the facts and in the circumstances of the case, the value of the gold ornaments not studded with precious stones would be exempt under section 5(1)(viii) of the Wealth-tax Act, 1957, as amended by the Finance (No. 2) Act, of 1971 and not includible in the 'net wealth' of each of the assessees for ..... X X X X Extracts X X X X X X X X Extracts X X X X
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