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COMMISSIONER OF WEALTH TAX versus ANNAYYAPPA AND SONS


Valid CWT Optional Property Value The use of WTO discretion to justify use of industrial shed-containing property that lowers the cost of the property by adopting land and building procedures on low data. He was wrong and the revenue was biased towards revenue CWT. WTO justifies separation of orders of Indian Wealth Tax Act, 1957, Sections 7 and 25

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