Home Case Index All Cases Wealth-tax Wealth-tax + AT Wealth-tax - 1996 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1996 (3) TMI 182 - ITAT MADRAS-DExtract: .......g would be exempted as business asset when it was partly used for the company s own business and partly let out to others to carry on their business. 8. Under the aforesaid circumstances we hold that the silver sold by the assessee as stock-in-trade cannot be included in the net wealth of the assessee. The appeals filed by the revenue are dismissed
|