https://www.taxtmi.com/caselaws?id=178991 The court held that water tanks and roads are classified as agricultural land under Section 2(e)(i) of the Wealth Tax Act, while pipelines and bridges do not qualify unless proven essential. Spontaneously growing forest land not used for agriculture does not constitute agricultural land. Provisions for taxation were not considered debts owed under Section 2(m) of the Act and were not deductible in computing net wealth. Each party was directed to bear its own costs. en-us Fri, 29 Jan 1965 00:00:00 +0530 Wed, 17 Feb 2016 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178991 The court held that water tanks and roads are classified as agricultural land under Section 2(e)(i) of the Wealth Tax Act, while pipelines and bridges do not qualify unless proven essential. Spontaneously growing forest land not used for agriculture does not constitute agricultural land. Provisions for taxation were not considered debts owed under Section 2(m) of the Act and were not deductible in computing net wealth. Each party was directed to bear its own costs. Case-Laws Wealth-tax Fri, 29 Jan 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178991