Agricultural land sold by the assessee is not a 'capital asset' ...

Case Laws Income Tax

August 8, 2013

Agricultural land sold by the assessee is not a 'capital asset' since it is in rural area within the meaning of section 2(14)(iii), the impugned receipt cannot be brought to tax as capital gain by invoking section 54B. - AT

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Agricultural land sold by the assessee is not a 'capital asset' ...

Case Laws Income Tax

August 8, 2013

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