Royal Buggy - art work - scope of exemption from wealth tax - ...
Case Laws Wealth-tax
June 16, 2017
Royal Buggy - art work - scope of exemption from wealth tax - ITAT committed an error in holding that even if the article was one of “work of art”, since it is possible to be put to personal use, it would get ejected from Clause (xii) and would fall only under Clause (viii) of Sub-section (1) of Section 5 - HC
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