Home /
Residential Building Not Taxable Under Wealth Tax Act Due to Letting Period Less Than 300 Days.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Scope of Assets u/s 2(ea) of Wealth Tax Act, 1957 - inclusion of residential building let out and only for brief period the property was vacant - Letting out period is less than 300 days - it was legally in existence only for a period of 92 days - Not a taxable assets - AT....