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Wealth-tax - Highlights / Catch Notes

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Inclusion of aircraft u/s Section 2(ea)(iv) - Computation of Net ...

Case Laws     Wealth-tax

August 30, 2013

Inclusion of aircraft u/s Section 2(ea)(iv) - Computation of Net Wealth - The use of an aircraft for commercial purposes does not necessarily entail hiring to third parties, ferrying of passengers or leasing of the aircrafts for consideration - HC

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