Case Law Details
Case Name : G. Girish Kumar Vs. Asst. Commissioner of Wealth Tax (ITAT Hyderabad)
Related Assessment Year : 2006- 07
Courts :
All ITAT ITAT Hyderabad
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G. Girish Kumar Vs. Asst. Commissioner of Wealth Tax (ITAT Hyderabad)
It is interesting to note that assessee has entered into an agreement of sale with the said persons for sale of 10 acres of land on his own. In that agreement, in para 1 of the recitals, it was clearly stated that ‘The Vendor hereto being the sole legal heir of the said original owner Sri G. Bharat Reddy inherited and succeeded the Schedule Property as absolute owner and possessor thereof in perpetuity in evidence of which the Hon’ble High Court of Andhra Pradesh in WP No. 18422 of 2006 by its order 11-09-2006 direc...
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what taxes I need to you pay on possessing Land, Please some tell.