Capital Asset u/a 2(14) - agriculture land or not - If any ...
Assessing Officer Fails to Verify Agricultural Land Status u/s 2(14) of Income Tax Act; Classification Unresolved.
February 19, 2014
Case Laws Income Tax AT
Capital Asset u/a 2(14) - agriculture land or not - If any suspicion crept into the mind of the Assessing Officer, nothing prevented him to get the report from Sarpanch, neibours of the impugned land or the revenue Patwari but that was not done by him - AT
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