The AO not authorized to stretch the published census population to an imaginary figure - ITAT In a recent judgment,…
Sale of Agricultural land converted into commercial land held non taxable as agricultural operations were continued – SC dismisses SLP…
Cash deposited on same day of sale deed execution has a prima facie direct nexus between source of cash deposit…
Land cannot be considered as non agricultural, simply because of a Farm house located thereon . Existence of a farm…
Mere reflection of income in P&L Account does not make it business income. Books of accounts not conclusive evidence to…
No exemption u/s 54B for purchase of agricultural land belonging to Scheduled Caste which cannot be transferred unless converted to…
Sale of land situated within 8 KM of local municipality limit. Difference in certificate issued by Tahsiladar and internet details…
Non-cultivation of land due to vagaries of nature will not change the character of land from agriculture to non- agricultural…
13 tests to determine if land is agricultural or not. High Court declares ITAT order as perverse in allowing capital…
Deduction 54B for agricultural land purchased prior to sale deed allowed. Date of actual transfer or even purchase of new…