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Income Tax - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

Nature of land sold after plotting - Agriculture land or not - ...

Case Laws     Income Tax

March 16, 2021

Nature of land sold after plotting - Agriculture land or not - Merely for the reason that no agricultural operations was carried out during the period and subsequent use of land for non-agricultural operations by the purchaser, cannot change characteristic of the land being agricultural land as nonagricultural land - AT

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