1984 (1) TMI 93

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..... g the WTO to grant exemption under section 5(1)(iv) of the WT Act in respect of officer premises at Dalamal Chambers valued at Rs. 80,750." 2. This appeal arises out of the WT assessment of Shri Mahbubani, the assessee herein, for the asst. yr. 1977-78, for which the valuation date was 23rd October 1976. The assessee had claimed deduction u/s (5)(1)(iv) of the WT Act in respect of his property .....

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..... icer premises therefrom. This is being objected to by the revenue in the present appeal. 4. After hearing the ld. counsel on both sides, we do not see any reason to interfere with the order of the AAC which is in conformity with law. There is no dispute that the circular in question is binding on the departmental authorities and that the AAC has rightly followed the same, which was over looked .....

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