MAYURDHWAJSINHJI Vs. COMMISSIONER OF WEALTH TAX

JUDGEMENT

(1.) THE Income -tax Appellate Tribunal, Ahmedabad Bench 'A', has referred the following two questions for the opinion of this court:

(2.) THE assessment years involved are 1966 -67 to 1971 -72 and the relevant valuation dates are March 31, 1966 to March 31, 1971, respectively.

(3.) THE Commissioner of Wealth -tax (Appeals) followed the decision of the Tribunal in the assessee's own case for the assessment years 1959 -60 to 1965 -66 and held that as the title of the property vested in the dynasty and the assessee as the Ruler was only entitled to the use of the property the value of the said property was not includible in the net wealth of the assessee.