Home Case Index All Cases Wealth-tax Wealth-tax + AT Wealth-tax - 1981 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1981 (8) TMI 154 - ITAT MADRAS-DExtract: .......io of the Supreme Court decision in CIT vs. Vegetable Products Ltd. 1973 CTR (SC) 177 (1973) 88 ITR 192 (SC). We would, therefore, hold that the assessees in question are entitled to exemption in respect of their share holdings under s. 5(1)(xxiii) r/w s. 5(1A) for the assessment years in question. In the result, the assessee s appeals are allowed.
|