https://www.taxtmi.com/circulars?id=9446 Wealth-tax arrears stem from valuation disputes, notably where palace lands and appurtenances of former rulers are assessed at market value. Administrative guidance treats a building under section 5(i)(iii) as including outhouses, garages, guest houses and land appurtenant when within the same compound or immediate vicinity, and specifies lists of exempted places. The Ministry of Law's opinion is binding under the Rules of Business; officers must review and, if appropriate, modify cases and submit a compliance report within one month detailing reviews and tax effects. en-us Wed, 01 Apr 1981 00:00:00 +0530 Sat, 04 Jun 2011 19:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9446 Wealth-tax arrears stem from valuation disputes, notably where palace lands and appurtenances of former rulers are assessed at market value. Administrative guidance treats a building under section 5(i)(iii) as including outhouses, garages, guest houses and land appurtenant when within the same compound or immediate vicinity, and specifies lists of exempted places. The Ministry of Law's opinion is binding under the Rules of Business; officers must review and, if appropriate, modify cases and submit a compliance report within one month detailing reviews and tax effects. Circulars Income Tax Wed, 01 Apr 1981 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9446