COMMISSIONER OF WEALTH TAX versus GYANCHAND JAIN
Income tax proceedings can be added to net wealth in income tax proceedings unless it is found that the value of the relevant prices is a reference to the Indian Wealth Tax Act 1957, Section 2 (M). The truth can be evaluated. The question can only be raised before the tribunal, neither can it be considered by the tribunal, nor can the High Court question whether the amount of unacceptable increases in income tax studies can be attributed to the wealth tax return. Was neither included nor raised before nor can the tribunal be considered in the High Court Indian Wealth Tax Act, 1957, Section 27
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