COMMISSIONER OF WEALTH TAX, GUJARAT v. VIMLABEN VADILAL MEHTA (2)

Citation: [1984] 1 S.C.R. 480

Court: Supreme Court of India

Bench: R.S. PATHAK, E.S. VENKATARAMIAH

Case summary

1962-63, 1963·64 and 1964-65, the wealth tax liability for the assess· ment year 1964·65 and the gift tax liabilities for the assessment years 1962-63, 1963·64 and 1964-65 determined ·on the basis of assessment completed after the valuation date were not admissible deductions...

Judgment text

1962-63, 1963·64 and 1964-65, the wealth tax liability for the assess· ment year 1964·65 and the gift tax liabilities for the assessment years 1962-63, 1963·64 and 1964-65 determined ·on the basis of assessment completed after the valuation date were not admissible deductions...