Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 2006 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2006 (4) TMI 71 - HC - Wealth-taxWealth tax – Assessee diverted the agricultural land in non-agricultural after getting permission - once an application is filed for diverting the land and the nature of land is changed the land cannot be termed as agricultural land – nature of land has changed and it ceases to be agricultural land and once the land ceases to be an agricultural land, party cannot claim exemption treating the land to be an agricultural asset – assessee’s appeal dismissed
|