https://www.taxtmi.com/caselaws?id=55197 Agricultural-land classification depended on revenue records, payment of land revenue, actual cultivation and absence of non-agricultural use. These factors, supported by an approved registered valuer's inspection-based report, justified acceptance of the declared valuation for the Vatva land over the Department's Inspector's estimate. Conversely, market appreciation between an earlier agreed rate and a later sale supported the Wealth-tax Officer's valuation of the Paladi land, with no adequate basis to disturb it. The declared value of the agricultural land was accepted, while the valuation of the other land was sustained, resulting in partial success for the assessee. en-us Thu, 21 Dec 1989 00:00:00 +0530 Sun, 06 Feb 2011 03:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55197 Agricultural-land classification depended on revenue records, payment of land revenue, actual cultivation and absence of non-agricultural use. These factors, supported by an approved registered valuer's inspection-based report, justified acceptance of the declared valuation for the Vatva land over the Department's Inspector's estimate. Conversely, market appreciation between an earlier agreed rate and a later sale supported the Wealth-tax Officer's valuation of the Paladi land, with no adequate basis to disturb it. The declared value of the agricultural land was accepted, while the valuation of the other land was sustained, resulting in partial success for the assessee. Case-Laws Wealth-tax Thu, 21 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55197