Royal Buggy Exempt as 'Work of Art' Under Wealth Tax Act, Tribunal Erred with Outdated Judgment.

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....Treatment to the Royal Buggy as ‘work of art’ and exempted u/s 5(i)(xii) of the Wealth Tax Act, 1957 - ITAT committed an error for applying an old Judgement which was prior to the amendment for the subsequent period.....