TMI BlogInclusion of cash in the wealth tax assessment - cash in hand referred to in section 2(ea)(vi)...Inclusion of cash in the wealth tax assessment - cash in hand referred to in section 2(ea)(vi) represents only the personal cash of the assessee emanating from his personal balance sheet. It nowhere contemplated the inclusion of cash which is held as business asset. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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