https://www.taxtmi.com/caselaws?id=233677 The Tribunal upheld the Assessing Officer's jurisdiction for re-assessment, allowing the levy of wealth tax on agricultural land within urban land definitions. It dismissed objections against the notice issued under the Wealth Tax Act, emphasizing legal provisions supporting inclusion of such lands for assessment. The Tribunal also confirmed the valuation of land at various villages, including the exclusion of a pond and consideration of rebates for low lying land. Appeals by the assessee for the assessment years 2002-03 to 2006-07 were dismissed, with the Tribunal supporting the CWT's orders and finding no merit in the grounds raised. en-us Tue, 30 Apr 2013 00:00:00 +0530 Thu, 09 May 2013 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233677 The Tribunal upheld the Assessing Officer's jurisdiction for re-assessment, allowing the levy of wealth tax on agricultural land within urban land definitions. It dismissed objections against the notice issued under the Wealth Tax Act, emphasizing legal provisions supporting inclusion of such lands for assessment. The Tribunal also confirmed the valuation of land at various villages, including the exclusion of a pond and consideration of rebates for low lying land. Appeals by the assessee for the assessment years 2002-03 to 2006-07 were dismissed, with the Tribunal supporting the CWT's orders and finding no merit in the grounds raised. Case-Laws Wealth-tax Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233677