2018 (7) TMI 592

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..... the Hon'ble Supreme Court in Giridhar G.Yadalam v. CWT [2016 (1) TMI 826 - SUPREME COURT OF INDIA] as found that only a land in which the building is completely constructed stands excluded under the exclusionary provision under Explanation (1)(b)(ii) of Section 2(ea). Respectfully following the aforesaid decision, we set aside the orders of the Tribunal and affirm the order of the Assessing Of .....

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..... e facts, since the issue is one covered by the judgment of the Hon'ble Supreme Court in Giridhar G.Yadalam v. CWT [(2016) 384 ITR 52 (SC)]. 2. The only question arising is as to whether under the Wealth Tax Act, 1957 [for brevity WT Act ] a land in which construction is being carried on could be excluded from the definition of urban land and thus from the definition of assets as a .....

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