A business centre cannot be said to be a `house’ for purposes of clause (3) of section 2(ea) of Wealth-tax Act

ITAT MUMBAI BENCH `J’, Cravatex Ltd. Vs. Addl. CIT, ITA No. 7381/Mum/02 WTA No. 42/Mum/03 WTA No. 38/Mum/03 DECIDED ON June 30, 2010 ORDER PER N.V. VASUDEVAN, JM :- ITA No. 7381/Mum/02: This is an appeal by the Assessee against the order dated 16.8.2002 of CIT(A)-VI, Mumbai, relating to A.Y.98-99. 2. Ground No. 1 was not pressed and the same is dismissed as not pressed. 3. Ground No. 2 raised by the Assessee is with regard to the action of the CIT(A) in confirming the action of the Assessing Officer in assessing the service charges of Rs.83,99,300/- received from letting...