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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Exemption under section 2(14) of the Act - Mere fact that the ...


Agricultural Land Denied Exemption Due to Location Within Hyderabad Municipal Corporation u/s 2(14) of the Act.

July 17, 2012

Case Laws     Income Tax     AT

Exemption under section 2(14) of the Act - Mere fact that the land in question was agricultural land cannot be a ground to claim for exemption under section 2(14) of the Act as the land is situated within the local limits of Hyderabad Municipal Corporation - AT

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