Inclusion of Urban Land into Net Wealth - the intention of the ...

Urban land used for hotel business exempt from wealth tax due to demonstrated business activities.

February 5, 2016

Case Laws Wealth-tax AT

Inclusion of Urban Land into Net Wealth - the intention of the assessee to utilize the urban land only for the purpose of its hotel business is proved beyond doubt by the subsequent activities of the assessee. - Not taxable - AT

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Inclusion of Urban Land into Net Wealth - the intention of the ...

Urban land used for hotel business exempt from wealth tax due to demonstrated business activities.

February 5, 2016

Case Laws Wealth-tax AT

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