https://www.taxtmi.com/circulars?id=4481 Section 5(1)(viii) was amended to exclude furniture, utensils and other articles made of or containing gold, silver, platinum or other precious metals from the exemption, and to limit exemption for mechanically propelled vehicles, aircraft and boats to a specified aggregate value; Assessing Officers are directed to avoid pettifogging enquiries into trivial items and to follow administrative guidance when valuing such articles. en-us Sat, 22 Jan 1972 00:00:00 +0530 Wed, 30 Jul 2008 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4481 Section 5(1)(viii) was amended to exclude furniture, utensils and other articles made of or containing gold, silver, platinum or other precious metals from the exemption, and to limit exemption for mechanically propelled vehicles, aircraft and boats to a specified aggregate value; Assessing Officers are directed to avoid pettifogging enquiries into trivial items and to follow administrative guidance when valuing such articles. Circulars Income Tax Sat, 22 Jan 1972 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4481