https://www.taxtmi.com/caselaws?id=459708 HC upheld the ITAT's finding that the assessee's properties in Connaught Circus and Connaught Lane are "commercial establishments or complexes" within Section 2(ea)(i)(5) of the Wealth Tax Act and thus outside taxable assets. The court rejected Revenue's contention that the phrase must be read only in the plural and refused to import additional qualifying features proposed by a Bench, holding no such restrictions exist in the statutory wording and finding no legal infirmity in the ITAT order. en-us Tue, 18 Jul 2017 00:00:00 +0530 Mon, 08 Sep 2025 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459708 HC upheld the ITAT's finding that the assessee's properties in Connaught Circus and Connaught Lane are "commercial establishments or complexes" within Section 2(ea)(i)(5) of the Wealth Tax Act and thus outside taxable assets. The court rejected Revenue's contention that the phrase must be read only in the plural and refused to import additional qualifying features proposed by a Bench, holding no such restrictions exist in the statutory wording and finding no legal infirmity in the ITAT order. Case-Laws Wealth-tax Tue, 18 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459708