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Wealth-tax - Highlights / Catch Notes

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Exemption u/s. 2(ea) of the WT Act - even if the property is ...

Wealth-tax

November 24, 2015

Exemption u/s. 2(ea) of the WT Act - even if the property is utilized for commercial purposes by the tenant, still it is outside the ambit of wealth tax and assessee would automatically fall under the exclusion Clause No. 5 of section 2(ea)(1) - AT

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