https://www.taxtmi.com/caselaws?id=326827 The Tribunal upheld the assessee's contention that the agriculture land within the municipal limits of Amritsar, classified as agricultural land in the revenue record and used for agricultural purposes, was exempt from wealth tax under the proviso to Section 2(ea)(b) of the Wealth-tax Act. The order of the learned CIT(A) was sustained, and the Revenue's appeal was dismissed on 22.04.2016. en-us Fri, 22 Apr 2016 00:00:00 +0530 Tue, 26 Apr 2016 10:25:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326827 The Tribunal upheld the assessee's contention that the agriculture land within the municipal limits of Amritsar, classified as agricultural land in the revenue record and used for agricultural purposes, was exempt from wealth tax under the proviso to Section 2(ea)(b) of the Wealth-tax Act. The order of the learned CIT(A) was sustained, and the Revenue's appeal was dismissed on 22.04.2016. Case-Laws Wealth-tax Fri, 22 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326827