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Wealth-tax - Highlights / Catch Notes

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Inclusion of rented premises into wealth tax assessment - ...

Wealth-tax

January 29, 2016

Inclusion of rented premises into wealth tax assessment - revenue yielding asset - section 2(ea)(i) nowhere requires that a commercial establishment or a complex could not be established in a house property but only provides that any property in the nature of commercial establishment or complex shall be excluded from deemed asset - AT

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