https://www.taxtmi.com/circulars?id=4964 Ex gratia payments received by assessees in respect of properties left in erstwhile East Pakistan after the 1965 conflict constitute assets for wealth-tax purposes once received and are liable to wealth-tax; item (ii) of Circular No. 385 (which exempted ex gratia received before the valuation date) is deleted to align with the Wealth-tax Act's definition of asset. en-us Wed, 18 Oct 1989 00:00:00 +0530 Thu, 07 Aug 2008 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4964 Ex gratia payments received by assessees in respect of properties left in erstwhile East Pakistan after the 1965 conflict constitute assets for wealth-tax purposes once received and are liable to wealth-tax; item (ii) of Circular No. 385 (which exempted ex gratia received before the valuation date) is deleted to align with the Wealth-tax Act's definition of asset. Circulars Income Tax Wed, 18 Oct 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4964