https://www.taxtmi.com/caselaws?id=7117 For the wealth-tax residential house exemption, the distance condition under section 5(1)(iv) is measured from the limits of the municipal area, not from the municipality's central point. The phrase "from any area" was read as referring to the municipal area as a whole, and no rule under the Wealth-tax Act prescribed a central-point method of calculation. On that construction, a house must be more than five miles from the municipal boundary to qualify, and the exemption was unavailable where that distance was not shown. en-us Thu, 15 Feb 1968 00:00:00 +0530 Tue, 10 Feb 2009 19:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7117 For the wealth-tax residential house exemption, the distance condition under section 5(1)(iv) is measured from the limits of the municipal area, not from the municipality's central point. The phrase "from any area" was read as referring to the municipal area as a whole, and no rule under the Wealth-tax Act prescribed a central-point method of calculation. On that construction, a house must be more than five miles from the municipal boundary to qualify, and the exemption was unavailable where that distance was not shown. Case-Laws Wealth-tax Thu, 15 Feb 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7117