Rule 1-D of the Wealth -Tax Rules.

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....78 Section(s) Referred: Rule 1D of W.T.Rules Statute: Wealth Tax Act, 1957 Attention is invited to para 3 of the Board's letter F.NO.326/14/74-WT dated 25th February, 1974 wherein it has been....

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....h Tax Officer wrongly excluded the value of shares held by the assessee in a company running an agricultural and study farm, from his net wealth on the assumption that these shares constituted agricul....