Entitlement to exemption under Section 5 (1) (i) of WT Act - ...
Court Denies Refund for Wealth Tax; Petitioner Fails to Meet Section 5(1)(i) Exemption Criteria.
April 8, 2016
Case Laws Wealth-tax HC
Entitlement to exemption under Section 5 (1) (i) of WT Act - Petitioner was fully aware that it did not comply with the essential conditions for claiming exemption. Therefore, it could not be heard to say that it must be refunded the wealth tax voluntarily paid by it. - HC
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