Find a Lawyer

W.T.AS. NOS.37(IB), 314(IB) AND 315(IB) OF 1998-99 versus W.T.AS. NOS.37(IB), 314(IB) AND 315(IB) OF 1998-99

Wealth Tax Rules, 1963, section 7 (2) (a) (i) How will the Assessment of Wealth Tax Rules, 1963, R8 (3) Assets be purchased by the Agricultural Land and the Residential Scheme on the said land through the Cantonment Board? Approved After the development of the housing scheme, said agricultural land was no longer available for agricultural purpose use. One piece of the project was not in the possession of the land assessor and was subject to litigation. The value of such land was R8 ( 3). Under the Wealth Tax Rules, 1963, and was included in the net wealth of the Assisi, he requested that he purchase land, including agricultural land, and therefore, it was agricultural land for all practical purposes, and it was estimated under section 7. (Must be under). 2) (a) (i) of the Wealth Tax Act, 1963, and not under R8 (3) of the Wealth Tax Rules, 1963, nor did the Assessee further claim that the assessment, litigation, in the case of stock ownership. Should be suspended, until the final judgment of the court was made in and around the land a residential colony was created and the people raised the buildings there. The land under question was also used for residential and commercial purposes. And the nature of the land was radically altered and it was used for agricultural sub-purposes and no one was able to use it, The land cannot be assessed under section 7 (2) (a) (i) of the Tax Act, 1963 and the market value under this market value was properly determined. 8 (3) assessment of the Wealth Tax Rules, 1963, cannot be suspended because there will be time restriction, there is no restriction on the assessment during litigation. law websites from North Wazirstan lawyer