Rectification of order u/s 254(2) of the act – The tribunal ...

Tribunal can't amend order under Sec 254(2) of Income Tax Act; must first confirm land is agricultural.

January 9, 2014

Case Laws Income Tax AT

Rectification of order u/s 254(2) of the act – The tribunal cannot decide whether profit on sale of land is exempt from capital gains on the ground the land is agricultural land, without first establishing that the land was in fact agricultural land - no mistake in the order - AT

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Rectification of order u/s 254(2) of the act – The tribunal ...

Tribunal can't amend order under Sec 254(2) of Income Tax Act; must first confirm land is agricultural.

January 9, 2014

Case Laws Income Tax AT

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