https://www.taxtmi.com/highlights?id=28717 Imposition of wealth tax - Once the non-productive asset like urban land is converted to a productive asset like a building which qualifies for exemption, then the assessee can start availing of exemption even during the period of conversion of such non-productive asset to productive asset - AT en-us Thu, 21 Apr 2016 10:18:43 +0530 Thu, 21 Apr 2016 10:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28717 Imposition of wealth tax - Once the non-productive asset like urban land is converted to a productive asset like a building which qualifies for exemption, then the assessee can start availing of exemption even during the period of conversion of such non-productive asset to productive asset - AT Highlights Wealth-tax Thu, 21 Apr 2016 10:18:43 +0530 https://www.taxtmi.com/highlights?id=28717