https://www.taxtmi.com/caselaws?id=57535 The Appellate Tribunal ITAT Bangalore ruled on wealth-tax appeals regarding the inclusion of land values in the assessable wealth of the assessee. The Tribunal held that land within the factory building area should be considered appurtenant, even if it can be sold separately. Two plots within the factory were deemed not assessable, while the location of a third plot was to be determined. The judgment partially allowed the assessee's appeals, stressing the significance of establishing the appurtenance of land to the factory for wealth tax assessment. en-us Wed, 26 Feb 1997 00:00:00 +0530 Fri, 10 Dec 2010 16:41:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57535 The Appellate Tribunal ITAT Bangalore ruled on wealth-tax appeals regarding the inclusion of land values in the assessable wealth of the assessee. The Tribunal held that land within the factory building area should be considered appurtenant, even if it can be sold separately. Two plots within the factory were deemed not assessable, while the location of a third plot was to be determined. The judgment partially allowed the assessee's appeals, stressing the significance of establishing the appurtenance of land to the factory for wealth tax assessment. Case-Laws Wealth-tax Wed, 26 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57535