2013 (9) TMI 1321

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..... or the Respondent  : Shri G.Baskar, Advocate. ORDER PER DR. O.K.NARAYANAN, VICE-PRESIDENT These two appeals are filed by the Revenue. They are wealth-tax appeals. They relate to the assessment years 2008-09 and 2009-10. The appeals are directed against the orders of the Commissioner of Wealth-tax(Appeals)-III at Chennai, dated 25-3-2013. The appeals arise out of the assessments completed .....

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..... ow, we find that the contention of the assessee is covered by the judgment of the Hon'ble jurisdictional High Court in the case of CWT vs. Rohini Hotels (Madras) Ltd. rendered by their Lordships on 21-9-2011 in TC(A) Nos. 557 & 558 of 2005. The Hon'ble jurisdictional High Court has held that even the building under construction makes the urban land a commercial property entitled for wealth-tax exe .....

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