Nature of land sold - agriculture land - onus of proving that ...

Case Laws Income Tax

August 11, 2019

Nature of land sold - agriculture land - onus of proving that the land formed part of the business assets of the assessee is on the Revenue - though the Revenue is taking the transaction as business income they have not brought in any evidence on record neither they have conducted any specific enquiry to show that it is business transaction - addition deleted

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Nature of land sold - agriculture land - onus of proving that ...

Case Laws Income Tax

August 11, 2019

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