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W.T.A. NO.256/KB OF 1997-98, DECIDED ON 7TH SEPTEMBER, 1998. versus W.T.A. NO.256/KB OF 1997-98, DECIDED ON 7TH SEPTEMBER, 1998.


Wealth Tax Act 1963 Section 5 and Second Schedule, Part I, CL12 (2) A small shop that is owned and occupied by Spursis for the purpose of its own business The school building is exempt from the Wealth Tax vault building. Owned and used to run a school, to provide teaching services to financial and financial seekers against financial considerations, from tax under section 12 (2) of the Second Schedule to the Wealth Tax Act, 1963 Will be eligible for the rebate.

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