Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1994 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1994 (8) TMI 15 - RAJASTHAN HIGH COURTExtract: ....... by the firm. Similarly, the provisions of section 7(4) cannot be invoked in respect of the house which is belonging to the firm and not to the assessee. The view taken by the Madras High Court, therefore, appears to be the correct view. Consequently, the reference is answered in favour of the Revenue and against the assessee. No order as to costs.
|