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Wealth Tax

This query is : Resolved 
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(Querist)
17 September 2009 I have the follwoing querry:

Under the Wealth Tax Act will a Building made available by a Director to a Company without any consideration be treated as " using for own business" u/s 2ea and consequently enjoy exemption?
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Late CA Sampat Jain

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Late CA Sampat Jain (Expert)
18 September 2009 business of co is not own business of director...two are separate
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Kaycee

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Kaycee (Querist)
18 September 2009 Thank you Sir
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