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Wealth-tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Whether property leased out is not assessable to wealth-tax - ...


Court Rules Leased Property Exempt from Wealth Tax Due to Business Use in Leasing Industry.

August 21, 2012

Case Laws     Wealth-tax     HC

Whether property leased out is not assessable to wealth-tax - certainly the assessee is entitled to the exemption, because the same is used in leasing business - HC

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