Assessee denied Wealth Tax exemption u/s 5(1)(vi); house deemed uninhabitable due to missing essential features.

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....Wealth tax - the assessee is not entitled to exemption u/s. 5(1)(vi) of the Wealth Tax Act,1957, for the reasons that the house is not habitable in view of the fact that plastering, flooring, drainage and electricity is not done, doors and windows are not installed, the ceilings are in damaged condition. - AT....