https://www.taxtmi.com/caselaws?id=10340 The High Court of Allahabad interpreted the term 'house' under section 7(4) of the Wealth-tax Act, 1957 to include the entire area of land surrounding the residential property, rejecting the argument that only land appurtenant to the house should be considered. The Court emphasized the historical treatment of such properties as single residential units and upheld the Tribunal's decision in favor of the assessee. en-us Fri, 01 Oct 2004 00:00:00 +0530 Mon, 13 Jul 2009 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10340 The High Court of Allahabad interpreted the term 'house' under section 7(4) of the Wealth-tax Act, 1957 to include the entire area of land surrounding the residential property, rejecting the argument that only land appurtenant to the house should be considered. The Court emphasized the historical treatment of such properties as single residential units and upheld the Tribunal's decision in favor of the assessee. Case-Laws Wealth-tax Fri, 01 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10340