https://www.taxtmi.com/caselaws?id=283412 The Tribunal partly allowed the assessee's appeals for statistical purposes. It upheld the validity of proceedings under section 17 of the Wealth-tax Act, 1957. However, it ruled that the land allotted by CIDCO did not belong to the assessee under section 40 of the Finance Act, 1983. Therefore, the market value of the land was not included in the wealth-tax assessments for the relevant years. en-us Fri, 18 Dec 1998 00:00:00 +0530 Sat, 21 Sep 2019 14:30:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283412 The Tribunal partly allowed the assessee's appeals for statistical purposes. It upheld the validity of proceedings under section 17 of the Wealth-tax Act, 1957. However, it ruled that the land allotted by CIDCO did not belong to the assessee under section 40 of the Finance Act, 1983. Therefore, the market value of the land was not included in the wealth-tax assessments for the relevant years. Case-Laws Income Tax Fri, 18 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283412