https://www.taxtmi.com/caselaws?id=56611 The Tribunal held that the term "house" under section 7(4) of the Wealth-tax Act includes the entire land used as part of the house, rejecting the Commissioner's narrower interpretation. As a result, the Tribunal found the Wealth-tax Officer's assessment for the assessment year 1976-77 to be correct and not prejudicial to revenue. The Tribunal set aside the Commissioner's order under section 25(2) and allowed the appeal of the assessee. en-us Fri, 01 Aug 1986 00:00:00 +0530 Sat, 04 Dec 2010 18:06:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56611 The Tribunal held that the term "house" under section 7(4) of the Wealth-tax Act includes the entire land used as part of the house, rejecting the Commissioner's narrower interpretation. As a result, the Tribunal found the Wealth-tax Officer's assessment for the assessment year 1976-77 to be correct and not prejudicial to revenue. The Tribunal set aside the Commissioner's order under section 25(2) and allowed the appeal of the assessee. Case-Laws Income Tax Fri, 01 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56611