Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 2016 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (12) TMI 1134 - HC - Wealth-taxStock Exchange Card of Ahmedabad Stock Exchange liability to Wealth Tax Act - Held that:- So long as assessee holds Membership Card and is non defaulting Member such a Membership Card can be said to be an “assets” within the definition of Section 2(e) of the Act, 1957 and on the same the assessee is liable to pay Wealth Tax. The question answered in favour of Revenue and against the assessee.
|