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Jayantilal Amritlal vs Commissioner Of Wealth-Tax on 25 June, 1981

17. We are therefore not in agreement with the view expressed by the Division Bench of the Gujarat High Court in the case of Jayantilal Amritlal (supra), which held that since the gold articles in question were liable to be confiscated it does not in any way affect the market value of the articles under Section 7(1) as urged by the 40 of 52 ::: Uploaded on - 05/05/2021 ::: Downloaded on - 10/09/2021 06:54:18 ::: os.itxa.608.03 & Group.doc appellants therein.
Gujarat High Court Cites 4 - Cited by 8 - M P Thakkar - Full Document
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