Bombay H.C : The Appellate Tribunal was justified in holding, despite the legal opinion to the contrary, that a Blank Bill of Exchange is a document pregnant with valued and whether such value is the market value of the asset on he va uation date i.e. 31.3.92

High Court Of Bombay Kishindas Ramchand Nagpal vs. Assistant Commissioner Of Wealth Tax And Anr. Section 7 of Wealth Tax Act M.S. Sanklecha & Sandeep K. Shinde, JJ. Income Tax Appeal No. 70 OF 2003 28th July, 2018 Counsel appeared: M.B. Idnani, P.C. Tripathi, Advs. for the Petitioner.: Sham Walve, Adv. for the Respondent. SANDEEP…

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