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    <title>No exemption for commercial premises u/s.5(1)(iv) of Wealth Tax Act 1957.</title>
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    <description>The Board reaffirms that the exemption under section 5(1)(iv) of the Wealth Tax Act applies from the stated effective date even where buildings are let for commercial purposes, rejects receipt-audit objections limiting the exemption to residential or self-occupied property, and directs that no remedial or precautionary action is required to be taken by field officers in response to those objections.</description>
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    <pubDate>Fri, 11 Aug 1978 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 03 Jun 2011 12:28:00 +0530</lastBuildDate>
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      <title>No exemption for commercial premises u/s.5(1)(iv) of Wealth Tax Act 1957.</title>
      <link>https://www.taxtmi.com/circulars?id=9211</link>
      <description>The Board reaffirms that the exemption under section 5(1)(iv) of the Wealth Tax Act applies from the stated effective date even where buildings are let for commercial purposes, rejects receipt-audit objections limiting the exemption to residential or self-occupied property, and directs that no remedial or precautionary action is required to be taken by field officers in response to those objections.</description>
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      <pubDate>Fri, 11 Aug 1978 00:00:00 +0530</pubDate>
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