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![Wealth Tax not leviable on Commercial Asset which is Capable of being put to Productive Use: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Wealth-Tax-Taxscan.jpg "Wealth Tax not leviable on Commercial Asset which is Capable of being put to Productive Use: ITAT [Read Order]")
Wealth Tax not leviable on Commercial Asset which is Capable of being put to Productive Use: ITAT [Read Order]
The Hyderabad bench of Income Tax Appellate Tribunal (ITAT) in Wealth Tax Officer versus M/s. Chavva Estates Private held that commercial asset which...