https://www.taxtmi.com/article/detailed?id=2089 Proposed amendments expand the definition of urban land for wealth tax by deeming lands beyond municipal limits as urban where they lie within prescribed aerial distances tied to municipal population bands, retain existing exclusions for non-developable and specific held lands, insert an explanation of "population" based on the latest published census, apply prospectively, and raise constitutional concerns regarding the Centre's competence to tax agricultural land and lands under Panchayat or State taxing authority. en-us Mon, 25 Mar 2013 15:50:51 +0530 Mon, 25 Mar 2013 15:50:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2089 Proposed amendments expand the definition of urban land for wealth tax by deeming lands beyond municipal limits as urban where they lie within prescribed aerial distances tied to municipal population bands, retain existing exclusions for non-developable and specific held lands, insert an explanation of "population" based on the latest published census, apply prospectively, and raise constitutional concerns regarding the Centre's competence to tax agricultural land and lands under Panchayat or State taxing authority. Articles Wealth Tax Mon, 25 Mar 2013 15:50:51 +0530 https://www.taxtmi.com/article/detailed?id=2089