https://www.taxtmi.com/caselaws?id=17054 The Court held that the Tribunal was correct in remitting the issue back to the Wealth Tax Officer for further examination regarding the assessee's entitlement to exemption under Section 5(1)(xxxii) of the Wealth Tax Act, 1957. The Court emphasized that the key factor determining exemption eligibility is whether the intermediary activities are conducted independently or as an integral part of the main construction business. The decision favored the assessee, with no costs awarded to the Department. en-us Tue, 25 Jun 1996 00:00:00 +0530 Mon, 14 Sep 2009 18:22:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17054 The Court held that the Tribunal was correct in remitting the issue back to the Wealth Tax Officer for further examination regarding the assessee's entitlement to exemption under Section 5(1)(xxxii) of the Wealth Tax Act, 1957. The Court emphasized that the key factor determining exemption eligibility is whether the intermediary activities are conducted independently or as an integral part of the main construction business. The decision favored the assessee, with no costs awarded to the Department. Case-Laws Wealth-tax Tue, 25 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17054