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Wealth-tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Inclusion of Urban Land into Net Wealth - the intention of the ...

Case Laws     Wealth-tax

February 5, 2016

Inclusion of Urban Land into Net Wealth - the intention of the assessee to utilize the urban land only for the purpose of its hotel business is proved beyond doubt by the subsequent activities of the assessee. - Not taxable - AT

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