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W.T.AS. NOS. 181/KB/DB AND 182/KB/DB OF 2000-2001, DECIDED ON 17TH OCTOBER, 2001. versus W.T.AS. NOS. 181/KB/DB AND 182/KB/DB OF 2000-2001, DECIDED ON 17TH OCTOBER, 2001.


Wealth Tax Act 1963 Section 3A (6) Wealth Tax Rules, 1963, R8 (3) The value of assets for the purpose of wealth tax was declared 10 times the value of the property, Section 3 of the Wealth Tax Act, 1963 Real estate was made under A (6) wherein the property was assessed in the direction specified in R8 (3) of the Wealth Tax with the direction that the property would be restructured. Rules, 1963

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