Wealth-tax Act, 1957-Exemption under section 5(1)(xxa) ofWealth-tax Act, 1957

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....ave brought to the notice of the Board that various assessing/appellate authorities insist on the production of a certificate from the Board through the company in order to get exemptions under section 5(1)(xxa) of the Wealth-tax Act, 1957. 2. In this regard, your attention is invited to the Board's Circular No. 69 of 18th November, 1971 (F. No. 1/10/68-WT) 83 ITR (St.) 15 (copy enclosed) which s....