Inclusion of land into net wealth - t is to be remembered that ...
Wealth-tax
February 25, 2016
Inclusion of land into net wealth - t is to be remembered that proposal of the road through the subject land and pending finalization and demarcation of exact location, the authorities concerned may not permit any construction over the land. Therefore, this disadvantageous position faced by the assessee cannot be ignored while valuing the land. - AT
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