Land Acquired by Government Under Land Acquisition Act, 1894, Exempt from Wealth Tax Due to Lack of Ownership Rights.

Land Acquired by Government Under Land Acquisition Act, 1894, Exempt from Wealth Tax Due to Lack of Ownership Rights. https://www.taxtmi.com/highlights?id=28499 Land acquired by Government of India under the Land Acquisition Act, 1894 - The assessee does not hold any ownership rights in the said portion of land and it is absolutely with the Government does not make it liable to the provisions of Wealth Tax Act. - AT en-us Tue, 19 Apr 2016 11:56:25 +0530 Tue, 19 Apr 2016 11:56:25 +0530 TaxTMI RSS Generator Land Acquired by Government Under Land Acquisition Act, 1894, Exempt from Wealth Tax Due to Lack of Ownership Rights. https://www.taxtmi.com/highlights?id=28499 Land acquired by Government of India under the Land Acquisition Act, 1894 - The assessee does not hold any ownership rights in the said portion of land and it is absolutely with the Government does not make it liable to the provisions of Wealth Tax Act. - AT Highlights Wealth-tax Tue, 19 Apr 2016 11:56:25 +0530 https://www.taxtmi.com/highlights?id=28499