https://www.taxtmi.com/circulars?id=10222 The taxing authority's position is that a house owned by a firm does not entitle the firm's partners to the house-related wealth-tax exemption in their individual net wealth assessments; the broader question of whether exemptions apply in computing a firm's net wealth under the wealth-tax rules remains under consideration. en-us Mon, 29 Jul 1974 00:00:00 +0530 Mon, 13 Jun 2011 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10222 The taxing authority's position is that a house owned by a firm does not entitle the firm's partners to the house-related wealth-tax exemption in their individual net wealth assessments; the broader question of whether exemptions apply in computing a firm's net wealth under the wealth-tax rules remains under consideration. Circulars Income Tax Mon, 29 Jul 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10222