https://www.taxtmi.com/caselaws?id=119797 The Tribunal dismissed the appeals for the assessment years 1989-90 to 1992-93, upholding the denial of exemption and the valuation of properties. However, for the assessment years 1993-94 to 1999-2000, the Tribunal partly allowed the appeals, holding that the partly constructed property in Muttambalam village was not an "asset" under section 2(ea) of the Wealth-tax Act and should be excluded from the net wealth. en-us Fri, 17 Nov 2006 00:00:00 +0530 Fri, 13 Jul 2012 12:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119797 The Tribunal dismissed the appeals for the assessment years 1989-90 to 1992-93, upholding the denial of exemption and the valuation of properties. However, for the assessment years 1993-94 to 1999-2000, the Tribunal partly allowed the appeals, holding that the partly constructed property in Muttambalam village was not an "asset" under section 2(ea) of the Wealth-tax Act and should be excluded from the net wealth. Case-Laws Wealth-tax Fri, 17 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119797