1991 (7) TMI 44

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.... S. SODHI J.-The matter here relates to 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 w....

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....emises" as provided in rule l(i), Paragraph B, Part 1, of the Schedule to the Wealth-tax Act, 1957, and would thus be entitled to exemption from the charge of additional wealth-tax on urban assets, under Paragraph A(2). A similar view was expressed in CWT v. Devinder Kaur [1984] 146 ITR 234 (P & H). It may be pointed Out here that the special leave petition filed against this judgment was also ....