Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1973 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1973 (12) TMI 21 - BOMBAY HIGH COURTExtract: .......upheld in its entirety. VIMADALAL.--I agree and have nothing to add. BY THE COURT Question No. 1 is answered in the affirmative and in favour of the revenue. Question no. 2.--The trust property is wholly exempt under the provisions of section 5(1)(i) of the Wealth-tax Act, 1957. The Commissioner will pay the costs of this reference to the assessee.
|