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W.T.A. NO. 107/LB OF 2001, DECIDED ON 11TH APRIL. 2002. versus W.T.A. NO. 107/LB OF 2001, DECIDED ON 11TH APRIL. 2002.


Wealth Tax Act 1963 Second Schedule C1 (7) (i), Section 2 (4) (24) and 3 Waiver External remittance creation of assets The period of immunity was 31, 1997, 1997, which rejected the waiver of the claim in the estimation year 1998. The Tax Act, 1963, constitutes the value of the value tax on the assessee's assets under the Value Tax Act, based on its history and the concept of the fiscal year. The Wealth Tax Act did not accept the concept of a calendar year or a year consisting of 12 months from that year. The date of receipt of remittances by the Assessing Officer Word, as used in Sec (7) (1) of the Second Schedule to the Financial Tax Act, 1963, means the financial year or the assessment year related to the same price as determined by Assisi. Received foreign remittances. 29 12 1992 and the relevant valuation date for the assessment of its assets has been reduced to 30 6 6 1993, the first year of the remittance in the remittance under the Schedule (7) (i) of the Wealth Tax Act 1963, 1993 estimate. Will be years 94 Remittances b Year-wise the year used in Sec (7) (i) of the Schedule to Taxation Act, 1963, this year is exempt from the Wealth Tax for a period of 5 years up to the assessment year 1998 99. ? And therefore the remittances received by the assessee were exempt from the Wealth Tax Act, 1963

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