Sale of agriculture land after plotting - Business income or ...

Case Laws Income Tax

October 10, 2018

Sale of agriculture land after plotting - Business income or capital gains - Due to the large size of the land, it was divided and sub-divided and sold to the interested customers. These facts do not exclusively suggest that the entire exercise was to exploit the land commercially in the nature of adventure which is akin to the business.

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Sale of agriculture land after plotting - Business income or ...

Case Laws Income Tax

October 10, 2018

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