https://www.taxtmi.com/caselaws?id=55197 Land recorded as agricultural in revenue records, subjected to land revenue, and shown to have been cultivated was treated as agricultural land, and an approved registered valuer's report based on personal inspection and record evidence was accepted over the departmental estimate. The declared value of the Vatva land was therefore accepted. For the Paladi land, the earlier agreed rate and later sale at a substantially higher rate supported the valuation adopted by the Wealth-tax Officer, and no sufficient basis was shown to interfere. The article thus records acceptance of the assessee's valuation on the agricultural land issue, while sustaining the valuation of the Paladi land. 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 Land recorded as agricultural in revenue records, subjected to land revenue, and shown to have been cultivated was treated as agricultural land, and an approved registered valuer's report based on personal inspection and record evidence was accepted over the departmental estimate. The declared value of the Vatva land was therefore accepted. For the Paladi land, the earlier agreed rate and later sale at a substantially higher rate supported the valuation adopted by the Wealth-tax Officer, and no sufficient basis was shown to interfere. The article thus records acceptance of the assessee's valuation on the agricultural land issue, while sustaining the valuation of the Paladi land. Case-Laws Wealth-tax Thu, 21 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55197