https://www.taxtmi.com/caselaws?id=433290 The Tribunal condoned the delay in filing appeals and admitted them for adjudication. The property under construction was held taxable under the Wealth Tax Act, following the Supreme Court's decision. The valuation of land transferred under a development agreement was remanded to the Assessing Officer for re-evaluation based on High Court precedent. The first ground of appeal was dismissed, and the second ground was allowed for statistical purposes. All appeals were partially allowed for statistical purposes, with the order pronounced on 23rd November 2022. en-us Wed, 23 Nov 2022 00:00:00 +0530 Thu, 26 Jan 2023 20:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433290 The Tribunal condoned the delay in filing appeals and admitted them for adjudication. The property under construction was held taxable under the Wealth Tax Act, following the Supreme Court's decision. The valuation of land transferred under a development agreement was remanded to the Assessing Officer for re-evaluation based on High Court precedent. The first ground of appeal was dismissed, and the second ground was allowed for statistical purposes. All appeals were partially allowed for statistical purposes, with the order pronounced on 23rd November 2022. Case-Laws Wealth-tax Wed, 23 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433290