Valuation of assets forming part of industrial undertaking

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Full Text of the Document

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....---------- Notes:- 1. Before Omission rule 2H, as inserted by the Wealth-tax (Second Amendment) Rules, 1973, w.e.f. 1-4-1973, read as under : "(1) For the purposes of clause (xxxi) of sub-section (1) of section 5, the value of asset (not being any land or building or any rights in any land or building or any asset referred to in any other clause of that sub-section) forming part of an industri....