IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR -------------------------------------------------------- WEALTH TAX APPEAL No. 1 of 2008 C.I.T.UDAIPUR V/S LAKE PALACE HOTELS & MOTELS LTD. Mr. KK BISSA, for the appellant / petitioner Date of Order : 2.7.2008 HON'BLE SHRI N P GUPTA,J. HON'BLE SHRI KISHAN SWAROOP CHAUDHARI,J. ORDER ----- Heard learned counsel for the appellant. We have perused the impugned order of the learned Tribunal. The learned Tribunal has found that the amount of Rs.2.5 crores is received by the assessee as a deposit, which bears interest @ 9%, and is liable to be refunded in accordance with the terms of the lease-deed. Thus, the amount definitely has a direct nexus with the land in question, and is required to be excluded, on the face of the language of Section 2(m) of the Wealth Tax Act. In our view, the finding recorded by the learned Tribunal is fully in accordance with law, and does not require any interference, as it does not give rise to any substantial question of law. The appeal thus, has no force, and is dismissed summarily. ( KISHAN SWAROOP CHAUDHARI ),J. ( N P GUPTA ),J. /tarun/