Wealth-tax on agricultural holdings: collection paused for holdings within affected jurisdiction; no coercive recovery pending appeal. The Board advises that the High Court judgment invalidating wealth-tax on agricultural holdings applies to all assessees assessed by wealth-tax officers within that territorial jurisdiction, regardless of where the land is located, and directs that no coercive measures be taken to recover demands where net wealth includes agricultural land situated within the affected jurisdiction pending appeal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Wealth-tax on agricultural holdings: collection paused for holdings within affected jurisdiction; no coercive recovery pending appeal.
The Board advises that the High Court judgment invalidating wealth-tax on agricultural holdings applies to all assessees assessed by wealth-tax officers within that territorial jurisdiction, regardless of where the land is located, and directs that no coercive measures be taken to recover demands where net wealth includes agricultural land situated within the affected jurisdiction pending appeal.
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