https://www.taxtmi.com/caselaws?id=7992 The High Court held that the amendment by the Finance Act, 1969, to include agricultural land in computing net wealth under the Wealth-tax Act was beyond Parliament's competence and unconstitutional. The writ petition by the private person challenging the amendment was accepted, ruling it unconstitutional. However, the High Court dismissed the State of Punjab's petition for lack of jurisdiction. en-us Mon, 28 Sep 1970 00:00:00 +0530 Tue, 13 Nov 2018 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7992 The High Court held that the amendment by the Finance Act, 1969, to include agricultural land in computing net wealth under the Wealth-tax Act was beyond Parliament's competence and unconstitutional. The writ petition by the private person challenging the amendment was accepted, ruling it unconstitutional. However, the High Court dismissed the State of Punjab's petition for lack of jurisdiction. Case-Laws Wealth-tax Mon, 28 Sep 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7992