1991 (7) TMI 44

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.... exemption from additional wealth-tax for the assessment years 1970-71 to 1973-74. The controversy being whether, urban land where agricultural operations are carried on, falls within the definition of "business premises" in terms of rule 1(i), Paragraph B, Part I, of the Schedule to the Wealth-tax Act, 1957,and is thus entitled to exemption from additional wealth-tax payable on urban assets ? Th....