https://www.taxtmi.com/caselaws?id=262515 The Tribunal upheld the decision to exclude the building "Cybernex" from the net wealth of the assessee, determining it as a commercial complex and not an asset under the Wealth Tax Act. The Revenue's appeal was dismissed as the Tribunal found no issue with the Commissioner of Wealth Tax (Appeals)'s order. The decision was supported by the consistent treatment of rental income as business income and the specialized services offered by "Cybernex," in line with legal precedents. en-us Fri, 31 Jul 2015 00:00:00 +0530 Wed, 12 Aug 2015 06:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262515 The Tribunal upheld the decision to exclude the building "Cybernex" from the net wealth of the assessee, determining it as a commercial complex and not an asset under the Wealth Tax Act. The Revenue's appeal was dismissed as the Tribunal found no issue with the Commissioner of Wealth Tax (Appeals)'s order. The decision was supported by the consistent treatment of rental income as business income and the specialized services offered by "Cybernex," in line with legal precedents. Case-Laws Wealth-tax Fri, 31 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262515