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W. T. A. NO. 204/LB OF 1991-92, DECIDED ON 22ND AUGUST, 1997. versus W. T. A. NO. 204/LB OF 1991-92, DECIDED ON 22ND AUGUST, 1997.

Wealth Tax Rules 1963 Section 5 (1) (xvi) Wealth Tax Rules, 1963, R 8 Residential Home Waiver Option The Assessing Officer Assessed the Cost of Return of a Residential Home and a Half of the Commercial Building The waiver has been claimed in connection with the residential home. No such claim was made in the previous year but for the reviewing year, the returned value of the property was rejected and its prices were adopted under R8 of the Income Tax Rules, 1963. The officer did not allow the waiver and even if the claim was not made, the Assessing Officer was obliged to allow the waiver, the waiver can only be obtained where the option for the waiver from the assessment is exercised. Have been done It is the duty of the Assessing Officer to exclude the property that no such cart was intended for the Blanche Determiner, nor was it assumed to be placed on the Assuming Office. Even if this was not claimed, the designation of allowing such relief is subject to the condition of the exercise of an option with respect to the residency permit in relation to the residential home. The law was not diagnosable property advocates from Bajaur lawyer