Del. HC: Mere Global Reputation Not Sufficient to Answer Claim of Transborder Reputation  ||  Bom. HC: Trial Court can Compound Offence u/s 138 NI Act at Initial Stage w/o Consent of Complainant  ||  Ker. HC: Title of Property Can’t be Determined Merely with Reference to Survey Demarcation  ||  Del. HC: Directions for Investigation Cannot be Given by the Magistrate Mechanically  ||  SC Refers 'Asian Resurfacing' Judgment to 5-Judge Bench  ||  All. HC: S.388 Allows Appeal Against Order of Inferior Court to District Judge  ||  SC: Copy of Insufficiently Stamped Document Can’t be Adduced as Secondary Evidence  ||  SC: Judicial Independence can be Ensured as Long as Judges Live with a Sense of Financial Dignity  ||  Cal. HC: Situation of Rape Victim Being a Sterling Witness Can’t be Considered to be Universal  ||  Ker. HC: Elected Party Members Supporting Opposite Party are Liable for Disqualification    

Search Results for Tag : wealth tax


No Wealth Tax Exemption for Mysuru’s Erstwhile Royal Family: Karnataka HC(07.09.2018)

Karnataka HC has held that 28-acre land at Palace Grounds, in custody of Mysuru’s erstwhile royal family is not exempted from Wealth Tax.

Tags : Karnataka High Court, Wealth Tax

Notifications & Circulars

Wealth tax return not required 2016-2017 onwards(01.04.2016)

With the Central Government’s recent decision to abolish the wealth tax, the Judgments

Certificate from Collector has to be placed by the assessee to determine that particular land comes under the urban land or agricultural land(27.07.2022)

The assessee is an individual derives income by way of rent, interest and agriculture etc. The assessee filed return of net wealth for A.Y. 2010-11 de.....

Tags : Wealth tax, Addition, Legality

Supreme Court values excess land owned by Wadiyar royalty(21.09.2015)

In a question on valuation of property for the purposes of wealth tax, the Supreme Court held that property, the overall area of which exceeded that a.....

Tags : Ceiling, valuation, land, wealth tax

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