https://www.taxtmi.com/caselaws?id=11841 For wealth-tax purposes, the expression "belong to" in section 2(m) focuses on dominion and lawful control, not merely on formal conveyance of title. Where consideration had been paid and possession delivered, the absence of a registered conveyance deed did not by itself mean the immovable property belonged to the assessee. Applying that construction, the Tribunal held that the flat, Okhla plot and hotel site were not includible in net wealth because they did not belong to the assessee in the statutory sense. The matter was treated as one of evidence and the legal meaning of "belonging to", and no substantial question of law arose. en-us Thu, 03 Apr 2003 00:00:00 +0530 Tue, 09 Feb 2010 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11841 For wealth-tax purposes, the expression "belong to" in section 2(m) focuses on dominion and lawful control, not merely on formal conveyance of title. Where consideration had been paid and possession delivered, the absence of a registered conveyance deed did not by itself mean the immovable property belonged to the assessee. Applying that construction, the Tribunal held that the flat, Okhla plot and hotel site were not includible in net wealth because they did not belong to the assessee in the statutory sense. The matter was treated as one of evidence and the legal meaning of "belonging to", and no substantial question of law arose. Case-Laws Wealth-tax Thu, 03 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11841