Unused urban land held by assessee for industrial purposes not assessable to Wealth Tax for a period of two years from the date of acquisition

ITAT Mumbai Bench ‘Wealth Tax’

Mars Hotels & Resorts (P.) Ltd.

V/s.

Deputy Commissioner of Wealth Tax

WT Appeal Nos. 9 to 11 (Mum) of 2010

[Assessment Years 1996-97 to 1998-99]

May 9, 2012

ORDER

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