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W.T.AS. NOS. 1687/LB AND 1688/LB OF 1998, DECIDED ON 9TH SEPTEMBER, 1999. versus W.T.AS. NOS. 1687/LB AND 1688/LB OF 1998, DECIDED ON 9TH SEPTEMBER, 1999.


Wealth Tax Act 1963 Second Schedule, Part I, c1 12 (1) The waiver of any appeal waiver in the preceding year cannot be denied simply because the assessee had not filed the appeal in the previous year. Legal allowances can be claimed in the Schedule Schedule. Part I, CL 12 (1) Circular No. 11 of 1994, dated 17 7, 1994 Exception to Exemption In a house, the claim was made that the exemption was obtained from the self-occupied house to the extent of its share in the house. ? The appraisal officer allowed only exemption in relation to a residential home and property property on the grounds that the only part of the property that could not be treated as a home was. An exception was claimed by the tribunal to the law requiring that the house be allotted for an exemption claim

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