Wealth Tax-Scope of Sec.5(1)(viiia).

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....ion as to whether the value of the entire tea bush and plant or the value of tea leaves therein only is exempt u/s.5(1)viiia of the W.T.Act, 1957. 2. Clause viiia of sub section 1 of section 5 of the....

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.... on a tree. If it is so then it is exempt. Otherwise not. 4. The board is advised that it is the leaves of the bush or plant only that could be compared with the fruits on a tree or a growing crop on....