https://www.taxtmi.com/caselaws?id=58782 The Tribunal determined that the land known as Bombivili Land in Andheri qualified as agricultural land for the assessment year 1979-80 under the Wealth Tax Act. The Tribunal found that the land had historical agricultural use and had not been put to non-agricultural use, thus entitling the assessee to exemption under section 5(1)(iva) read with section 5(1A) of the Wealth Tax Act. The Tribunal emphasized that the absence of agricultural operations in the relevant year did not negate the land's agricultural character and directed the Wealth Tax Officer to treat the land as agricultural, granting relief under the Act. en-us Fri, 09 Jan 1987 00:00:00 +0530 Wed, 22 Dec 2010 11:42:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58782 The Tribunal determined that the land known as Bombivili Land in Andheri qualified as agricultural land for the assessment year 1979-80 under the Wealth Tax Act. The Tribunal found that the land had historical agricultural use and had not been put to non-agricultural use, thus entitling the assessee to exemption under section 5(1)(iva) read with section 5(1A) of the Wealth Tax Act. The Tribunal emphasized that the absence of agricultural operations in the relevant year did not negate the land's agricultural character and directed the Wealth Tax Officer to treat the land as agricultural, granting relief under the Act. Case-Laws Wealth-tax Fri, 09 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58782