https://www.taxtmi.com/caselaws?id=381860 The court set aside the order under Section 25 of the Wealth Tax Act, 1957, regarding land classification, allowing reconsideration based on a new plea by the petitioner. The court refrained from expressing an opinion on the new plea and directed the revisional authority to conduct a fresh hearing, considering all arguments and providing a personal hearing to the petitioner. The process was to be completed within three months, emphasizing the importance of factual disputes and the definition of 'assets' under the Act. en-us Mon, 10 Jun 2019 00:00:00 +0530 Fri, 21 Jun 2019 08:51:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381860 The court set aside the order under Section 25 of the Wealth Tax Act, 1957, regarding land classification, allowing reconsideration based on a new plea by the petitioner. The court refrained from expressing an opinion on the new plea and directed the revisional authority to conduct a fresh hearing, considering all arguments and providing a personal hearing to the petitioner. The process was to be completed within three months, emphasizing the importance of factual disputes and the definition of 'assets' under the Act. Case-Laws Wealth-tax Mon, 10 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381860