Wealth-tax assessment in respect of properties left in erstwhile East Pakistan after Indo.-Pak conflict of 1965 - Income Tax - 385/1984

Wealth-tax assessment in respect of properties left in erstwhile East Pakistan after Indo.-Pak conflict of 1965 Circular No. 385 Dated 3/7/1984 The Board have considered taxation under the Wealth-tax Act of assessees in India in respect of their properties left in erstwhile East Pakistan after the Indo-Pak conflict of 1965 and the relief granted to them in respect of such properties in the form of ex gratia grant from the Consolidated Fund of India and have decided as under: (i) The value of the properties left behind in East Pakistan by persons who had migrated to India, and which vested in the custodian of enemy property in Pakistan, cannot be assessed to wealth-tax in India in the hands of such persons. (ii) The ad hoc interim relief granted by the Government of India in the form of ex gratia grant from the Consolidated Fund of India cannot be assessed to wealth-tax as there is no legally enforceable claim to such relief. (Sd.) S.C. Tiwari, Deputy Secretary to the Govt. of India.