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![Urban Land Leased out to Educational Trust cant be treated as ‘Vacant Land’, No Wealth Tax, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Urban-Land-Leased-Educational-Trust-Vacant-Land-Wealth-Tax-ITAT-Taxscan.jpg "Urban Land Leased out to Educational Trust cant be treated as ‘Vacant Land’, No Wealth Tax, says ITAT [Read Order]")
Urban Land Leased out to Educational Trust can't be treated as ‘Vacant Land’, No Wealth Tax, says ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench held that wealth tax is not applicable on lands held by a trust for charitable purposes. ...
![Compulsory Acquisition of Urban Land eligible for Tax Benefit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Compulsory-Acquisition-Taxscan.jpg "Compulsory Acquisition of Urban Land eligible for Tax Benefit: ITAT [Read Order]")