Home Case Index All Cases Wealth-tax Wealth-tax + AT Wealth-tax - 1987 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1987 (8) TMI 132 - ITAT BOMBAY-EExtract: .......cate relied cannot be taken into consideration for ascertaining the nature of this document for which only the rights and liabilities of the parties thereto have to be taken into account. We, therefore, hold that the exemption claimed by the assessee is not available. The document of title to the gold is a taxable asset. 5. The appeal is dismissed.
|