https://www.taxtmi.com/caselaws?id=69847 The Appellate Tribunal ITAT MADRAS-B allowed the assessee's appeals for exemption under section 5(1)(xxxi) of the Wealth Tax Act. The Tribunal considered the Salt Pans owned by the assessee as assets of an industrial undertaking, granting the exemption and instructing the WTO to recalculate the net wealth. en-us Thu, 16 Aug 1984 00:00:00 +0530 Tue, 12 Apr 2011 13:30:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69847 The Appellate Tribunal ITAT MADRAS-B allowed the assessee's appeals for exemption under section 5(1)(xxxi) of the Wealth Tax Act. The Tribunal considered the Salt Pans owned by the assessee as assets of an industrial undertaking, granting the exemption and instructing the WTO to recalculate the net wealth. Case-Laws Wealth-tax Thu, 16 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69847