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2018 (10) TMI 685 - AT - Wealth-taxWealth tax assessment of land - Additions to the wealth of the assessee by refusing to accept the claim of the assessee that the five lands in four villages are exempt assets u/s. 2(ea)(v) of the Wealth Tax Act - CIT(A) has deleted the lands situated at Mysuravaripalle Village - Assessee has claimed that these lands are agricultural lands, even though situated within 8 KMs from the municipal limits but construction on these lands is not permissible as these lands were not converted into urban lands Held that:- Assessee has not brought on record any evidence in support of the above claim, but she prayed before the Assessing Officer that this may be verified with the SRO and appropriate action may be taken by the Assessing Officer. Now, we noticed from the additional evidence submitted by assessee relating to agricultural activities in the lands situated at Mangalam and Venkatramapuram Villages which are issued by village authorities. Since the additional evidence indicates that these lands were agricultural lands and also the certificates are issued by the Sarpanch of the respective village, in our considered view, this should be verified by the Assessing Officer by making a physical verification of the land and by obtaining proper information from the respective Panchayat Board. Since the assessee has not submitted any evidence relating to two lands situated at Avilala Village, therefore, the Assessing Officer is directed to verify these lands in person and make the appropriate addition or deletion to the wealth of the assessee. Therefore, the appeal filed by the assessee is remitted to the file of the Assessing Officer with a direction to give a proper opportunity of being heard to the assessee.
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