Judgment :- R. JAYASIMHA BABU, J. The Tribunal has, on the question (Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is right in law in holding that the property at Kodaikanal known as "Tredin" is a farm house and eligible for exemption under section 2(e)(2)(b) of the Wealth-tax Act, 1957 ?) of fact, found that the property in question is indeed situated in the midst of a large extent of 175 acres of land. The law does not require that the assessee should remain in occupation of the premises throughout the year. The fact that it is a farm house and used as such is sufficient. There is no merit in the appeal and hence, it is dismissed.