https://www.taxtmi.com/caselaws?id=36921 Agricultural land used throughout the relevant year for systematic, profit-oriented agricultural operations with capital, labour and risk was treated as land used for business purposes. On that basis, such land fell within the description of business premises under Rule 1(i) of the Schedule to the Wealth-tax Act, 1957 and was excluded from additional wealth-tax on urban assets. en-us Fri, 02 Nov 1979 00:00:00 +0530 Thu, 25 Mar 2010 13:08:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36921 Agricultural land used throughout the relevant year for systematic, profit-oriented agricultural operations with capital, labour and risk was treated as land used for business purposes. On that basis, such land fell within the description of business premises under Rule 1(i) of the Schedule to the Wealth-tax Act, 1957 and was excluded from additional wealth-tax on urban assets. Case-Laws Wealth-tax Fri, 02 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36921