https://www.taxtmi.com/caselaws?id=185359 For estate duty valuation, forest lands are excluded only if they qualify as agricultural lands, and the controlling inquiry is whether a prudent owner would undertake farming operations in relation to the lands concerned. Present user is relevant but not determinative on its own; the statutory context governs the meaning of "agricultural land" because the term is not defined in the Estate Duty Act or the Constitution. As the case record did not contain findings directed to that test, the factual basis was inadequate, and the matter had to be remitted for a clear finding on the agricultural character of the lands. en-us Sun, 28 Aug 1966 00:00:00 +0530 Wed, 10 Aug 2016 13:02:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185359 For estate duty valuation, forest lands are excluded only if they qualify as agricultural lands, and the controlling inquiry is whether a prudent owner would undertake farming operations in relation to the lands concerned. Present user is relevant but not determinative on its own; the statutory context governs the meaning of "agricultural land" because the term is not defined in the Estate Duty Act or the Constitution. As the case record did not contain findings directed to that test, the factual basis was inadequate, and the matter had to be remitted for a clear finding on the agricultural character of the lands. Case-Laws Income Tax Sun, 28 Aug 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185359