https://www.taxtmi.com/caselaws?id=55623 Ordinary residence in a foreign country for wealth-tax exemption was interpreted by its plain and ordinary meaning, and a deputation abroad on a semi-permanent basis was treated as sufficient where there was no definite time limit showing an immediate return to India. The assessee's residence in the United States therefore fell within section 5(1)(xxxiii) of the Wealth-tax Act, 1957, and the restrictive view that only Indians settled permanently abroad were covered was rejected. The exemption was accordingly upheld and the withdrawal order set aside. en-us Tue, 11 Dec 1984 00:00:00 +0530 Mon, 29 Nov 2010 10:39:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55623 Ordinary residence in a foreign country for wealth-tax exemption was interpreted by its plain and ordinary meaning, and a deputation abroad on a semi-permanent basis was treated as sufficient where there was no definite time limit showing an immediate return to India. The assessee's residence in the United States therefore fell within section 5(1)(xxxiii) of the Wealth-tax Act, 1957, and the restrictive view that only Indians settled permanently abroad were covered was rejected. The exemption was accordingly upheld and the withdrawal order set aside. Case-Laws Income Tax Tue, 11 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55623