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2003 (1) TMI 78 - KERALA HIGH COURT"Whether, on the facts and in the circumstances of the case, the assessee is entitled to claim exemption of the price received by him on the sale of the car under section 5(1)(xxxiii) of the Wealth-tax Act ?" In the instant case, the Tribunal also, on a consideration of the provisions of section 5(1)(xxxiii), has taken the view that the assessee is entitled to claim exemption of the value of the Benz car brought by him from outside India or the price received by him on the sale of the car. We are of the view that the Tribunal is perfectly justified in taking such a view. - we answer the question referred to us in the affirmative, i.e., in favour of the assessee.
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