https://www.taxtmi.com/caselaws?id=65957 Reassessment notice validity turns on whether the intended assessee is clearly identifiable from the notice and surrounding records; use of the personal name without express HUF description does not by itself invalidate notice where prior departmental correspondence and the same permanent account number establish identity. Agricultural character of land depends on the totality of evidence, not revenue entries alone; actual user, approved layout, purchase description and field evidence may rebut the presumption from land records. Valuation of land may require fresh determination where comparable sales, valuer's report and objections have not been fully considered, and a forfeited advance may form part of net wealth subject to reconsideration of any compromise. en-us Fri, 30 Sep 1983 00:00:00 +0530 Sat, 19 Feb 2011 14:51:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65957 Reassessment notice validity turns on whether the intended assessee is clearly identifiable from the notice and surrounding records; use of the personal name without express HUF description does not by itself invalidate notice where prior departmental correspondence and the same permanent account number establish identity. Agricultural character of land depends on the totality of evidence, not revenue entries alone; actual user, approved layout, purchase description and field evidence may rebut the presumption from land records. Valuation of land may require fresh determination where comparable sales, valuer's report and objections have not been fully considered, and a forfeited advance may form part of net wealth subject to reconsideration of any compromise. Case-Laws Wealth-tax Fri, 30 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65957