For the claim of exemption u/s 54B, it is not necessary that the ...

Exemption Claim u/s 54B: Land Need Not Be Agricultural Entire Two Years Before Transfer Date.

October 31, 2014

Case Laws Income Tax AT

For the claim of exemption u/s 54B, it is not necessary that the land should have been used for agricultural purposes for full two years immediately preceding the date of transfer and that it is sufficient if it was so used in the whole of the preceding year and for some days in the year earlier to preceding year - AT

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For the claim of exemption u/s 54B, it is not necessary that the ...

Exemption Claim u/s 54B: Land Need Not Be Agricultural Entire Two Years Before Transfer Date.

October 31, 2014

Case Laws Income Tax AT

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