669/CBDT.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....sed u/s 19A of the Wealth-tax Act could claim the benefit of exemption u/s 5(1)(iv) in respect of a house by reason of the fact that he, the executor, was residing in the said house. 2. The Board are advised that the property of the deceased vests in the executor only for the purposes of representation and the executor or administrator has no beneficial interest in any property of the deceased.....