https://www.taxtmi.com/caselaws?id=19041 The High Court directed the Income-tax Appellate Tribunal to refer the question of the applicability of section 21(4) of the Wealth-tax Act to the court, in a case involving a wakf claiming exemption under section 5(1)(i) of the Act. The Tribunal's ruling that section 21(4) did not apply due to beneficiaries having indeterminate shares was upheld, dismissing other Revenue-raised questions as factual. en-us Sat, 05 Nov 1994 00:00:00 +0530 Tue, 03 Nov 2009 15:26:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19041 The High Court directed the Income-tax Appellate Tribunal to refer the question of the applicability of section 21(4) of the Wealth-tax Act to the court, in a case involving a wakf claiming exemption under section 5(1)(i) of the Act. The Tribunal's ruling that section 21(4) did not apply due to beneficiaries having indeterminate shares was upheld, dismissing other Revenue-raised questions as factual. Case-Laws Wealth-tax Sat, 05 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19041