https://www.taxtmi.com/forum/issue?id=535 Applicability of wealth tax exemption is addressed where a property purchased and owned for less than the statutory day threshold was let out for the entire period of the assessee's ownership; the respondent concludes that continuous letting during the ownership period renders the property eligible for the wealth tax exemption applicable to let-out property. en-us Tue, 18 Sep 2007 20:31:01 +0530 Thu, 23 Jan 2025 15:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=535 Applicability of wealth tax exemption is addressed where a property purchased and owned for less than the statutory day threshold was let out for the entire period of the assessee's ownership; the respondent concludes that continuous letting during the ownership period renders the property eligible for the wealth tax exemption applicable to let-out property. Discussion-Forum Indian Laws Tue, 18 Sep 2007 20:31:01 +0530 https://www.taxtmi.com/forum/issue?id=535