https://www.taxtmi.com/caselaws?id=7406 The lands at Begumpet, Lallaguda, Jiaguda, Subzimandi, Yerragedda Zamboorkhana, and Vicarabad were held to qualify as "agricultural lands" under section 2(e)(i) of the Wealth-tax Act, 1957. The court adopted a liberal interpretation, focusing on the potential agricultural use of the land rather than actual cultivation. The judgment favored the assessee, ruling that these lands should be excluded from the calculation of net wealth. en-us Tue, 26 Nov 1968 00:00:00 +0530 Thu, 19 Feb 2009 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7406 The lands at Begumpet, Lallaguda, Jiaguda, Subzimandi, Yerragedda Zamboorkhana, and Vicarabad were held to qualify as "agricultural lands" under section 2(e)(i) of the Wealth-tax Act, 1957. The court adopted a liberal interpretation, focusing on the potential agricultural use of the land rather than actual cultivation. The judgment favored the assessee, ruling that these lands should be excluded from the calculation of net wealth. Case-Laws Wealth-tax Tue, 26 Nov 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7406