TMI BlogAssessee has leased out the property to the lessee for running banking business, which is not the...Assessee has leased out the property to the lessee for running banking business, which is not the business activity of the assessee - assessee does not fall within the exclusionary clause mentioned in section 40(3)(vi) of the Finance Act, 1983 - Chargeable to wealth tax - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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