https://www.taxtmi.com/caselaws?id=203374 The High Court of Punjab and Haryana dismissed the appeals challenging the interpretation of section 2(ea) of the Wealth Tax Act, 1957 regarding the definition of "Urban Land." The court upheld the previous order against the appellant, which determined that the definition of Urban Land includes agricultural land used for agriculture purposes. The court did not address the legislative intent behind including agricultural land in the definition of Urban Land or the constitutionality of levying tax on the capital value of agricultural lands by the Parliament, as the appeals were dismissed based on the prior ruling. en-us Wed, 06 Apr 2011 00:00:00 +0530 Fri, 20 May 2011 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203374 The High Court of Punjab and Haryana dismissed the appeals challenging the interpretation of section 2(ea) of the Wealth Tax Act, 1957 regarding the definition of "Urban Land." The court upheld the previous order against the appellant, which determined that the definition of Urban Land includes agricultural land used for agriculture purposes. The court did not address the legislative intent behind including agricultural land in the definition of Urban Land or the constitutionality of levying tax on the capital value of agricultural lands by the Parliament, as the appeals were dismissed based on the prior ruling. Case-Laws Wealth-tax Wed, 06 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203374