https://www.taxtmi.com/caselaws?id=215135 The Tribunal partly allowed the appeals, directing the Assessing Officer to recompute the net wealth for certain assessment years, considering exemption for land up to 500 sq. meters and including the value of incomplete construction. For one assessment year, the addition to wealth tax was deleted as the asset was sold during that year, with instructions to assess if the sale proceeds fell under the exempted category on the valuation date. en-us Fri, 29 Jun 2012 00:00:00 +0530 Tue, 24 Jul 2012 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215135 The Tribunal partly allowed the appeals, directing the Assessing Officer to recompute the net wealth for certain assessment years, considering exemption for land up to 500 sq. meters and including the value of incomplete construction. For one assessment year, the addition to wealth tax was deleted as the asset was sold during that year, with instructions to assess if the sale proceeds fell under the exempted category on the valuation date. Case-Laws Wealth-tax Fri, 29 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215135