https://www.taxtmi.com/caselaws?id=61010 The Tribunal allowed the assessee's appeal seeking exemption under section 5(1)(iv) of the Wealth-tax Act, 1957 for his half share in two properties in Madhopuri. Despite being acquired separately, the properties were found to have common features indicating unity, such as wall to wall connection and a common courtyard. The Tribunal considered the properties as one entity and granted exemption for the half share in both properties, overturning the lower authorities' decision. en-us Fri, 23 Dec 1983 00:00:00 +0530 Mon, 10 Jan 2011 13:32:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61010 The Tribunal allowed the assessee's appeal seeking exemption under section 5(1)(iv) of the Wealth-tax Act, 1957 for his half share in two properties in Madhopuri. Despite being acquired separately, the properties were found to have common features indicating unity, such as wall to wall connection and a common courtyard. The Tribunal considered the properties as one entity and granted exemption for the half share in both properties, overturning the lower authorities' decision. Case-Laws Wealth-tax Fri, 23 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61010