https://www.taxtmi.com/caselaws?id=295713 The ITAT partly allowed the Wealth Tax Appeal, upholding the valuation of motor cars as per Wealth Tax Rules and allowing deduction for debt owed in relation to taxable assets. The decision aligned with the precedent set in a previous case, emphasizing adherence to rules and provisions under the Wealth Tax Act. en-us Wed, 29 Apr 2015 00:00:00 +0530 Thu, 17 Jun 2021 11:06:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295713 The ITAT partly allowed the Wealth Tax Appeal, upholding the valuation of motor cars as per Wealth Tax Rules and allowing deduction for debt owed in relation to taxable assets. The decision aligned with the precedent set in a previous case, emphasizing adherence to rules and provisions under the Wealth Tax Act. Case-Laws Income Tax Wed, 29 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295713