( 1 ) THE Income-tax Appellate Tribunal has referred the following two questions under Section 27 of the Wealth Tax Act 1957 (No. 27 of 1957) namely, (i) whether the value of the shares owned by the assesses in the limited company was property includible in his wealth as on the valuation dates under Section 4 (1) of the Act? (2) whether the compensation sanctioned by the Government on the abolition of the assessees Jagir, though not paid but due to the assessee as on the valuation dates, was property includible in the net wealth of the assessee under Section 4 (1) of Act? these questions arose out of the wealth tax assessment of the assessee for the year 1957-58 for which the valuation date was 30-9-1956 and for the assessment year 1958-59 for which the valuation dale was 30-9-1957. It appears from the statement of the case that the assesses owns house properties and shares in limited companies and is entitled to commutation mounts under the Hyderabad (Abolition of Jagirs) Regulation 1358f (No. LXIX of 1358f.) and the Hyderabad Jagirs (Commutation) Regulation 1359f (No. XXV of 1359f. ). In respect of the inclusion of the shares of the limited companies and the commutation