https://www.taxtmi.com/caselaws?id=71289 The ITAT concluded that properties at 24, East Street, Yogesh House, and Shankar Parvati Chamber, Dhole Patil Road, Pune, qualify as commercial establishments and are exempt from wealth-tax under section 2(ea)(i)(5) of the Wealth-tax Act. The property at 1002, 2nd Floor, New Budhwar Peth, Pune, does not qualify for the exemption. The issue regarding the 1/2 share of the office at the ground floor, Shankar Parvati Chamber, was remanded to the AO for further verification. The appeals were partly allowed. en-us Fri, 29 Sep 2006 00:00:00 +0530 Thu, 22 Feb 2024 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71289 The ITAT concluded that properties at 24, East Street, Yogesh House, and Shankar Parvati Chamber, Dhole Patil Road, Pune, qualify as commercial establishments and are exempt from wealth-tax under section 2(ea)(i)(5) of the Wealth-tax Act. The property at 1002, 2nd Floor, New Budhwar Peth, Pune, does not qualify for the exemption. The issue regarding the 1/2 share of the office at the ground floor, Shankar Parvati Chamber, was remanded to the AO for further verification. The appeals were partly allowed. Case-Laws Wealth-tax Fri, 29 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71289