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Wealth-tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Value of the land for Wealth Tax - Exemption u/s 2(2ea)(ii) - t ...


Land Unfit for Construction Not Taxable as Urban Asset Under Wealth Tax Act, Section 2(2ea)(ii) Exemption Applied.

August 26, 2014

Case Laws     Wealth-tax     AT

Value of the land for Wealth Tax - Exemption u/s 2(2ea)(ii) - t if on a plot of land construction of a building is not permissible under any law then the said plot of land could not form part of urban land or the asset to be taxed under the Act - AT

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