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S.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 1, of the Schedule to the Wealth-tax Act, 1957, and is thus entiled to exemption from additional wealth-tax payable on urban assets?

The assessee owns 439 Kanals and 2 Marlas of land in Amritsar, which he claims to cultivate himself. It is in this context that we have been called upon to decide the question posed, namely: