https://www.taxtmi.com/caselaws?id=12340 Where section 40 of the Finance Act, 1983 used the term "factory" without defining it, the court adopted a liberal construction by looking to the meaning under the Factories Act and treated a cinema theatre as within that concept. The later insertion of cinema theatre in the Finance Act, 1988 was treated as supporting a curative reading of the earlier provision. On that basis, the cinema theatre was held entitled to wealth-tax exemption, and the reference was answered in favour of the assessee. en-us Mon, 12 Aug 2002 00:00:00 +0530 Mon, 22 Feb 2010 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12340 Where section 40 of the Finance Act, 1983 used the term "factory" without defining it, the court adopted a liberal construction by looking to the meaning under the Factories Act and treated a cinema theatre as within that concept. The later insertion of cinema theatre in the Finance Act, 1988 was treated as supporting a curative reading of the earlier provision. On that basis, the cinema theatre was held entitled to wealth-tax exemption, and the reference was answered in favour of the assessee. Case-Laws Wealth-tax Mon, 12 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12340