1984 (1) TMI 93 - AT - Wealth-tax

Summary

The ITAT Bombay-B upheld the AAC's decision to grant exemption under section 5(1)(iv) of the WT Act for office premises at Dalamal Chambers valued at Rs. 80,750, based on a CBDT circular. The appeal by the revenue was dismissed. (Case: 1984 (1) TMI 93 - ITAT BOMBAY-B)