agricultural land

  • Income Tax

Deduction u/s 54B allowed for purchase of agricultural land in the name of son

Deduction u/s 54B allowed for purchase of agricultural land in the name of son to avoid future family disputes relating…

6 years ago
  • Income Tax

Agricultural land-revenue records can not be rejected without any basis or material evidence-ITAT

Agricultural land-revenue records can not be rejected without any basis or material evidence holding it to be an mechanical entry…

6 years ago
  • Income Tax

Water logged land comprised within backwaters held agricultural land when sold along with adjacent agricultural land

Water logged land comprised within backwaters held agricultural land. The land was a kayal land and sold along with adjacent…

6 years ago
  • Income Tax

Mere categorisation of land as agricultural in revenue records not suffice for capital gain exemption-High Court

Mere categorisation of land as agricultural in revenue records not suffice for capital gain exemption. Whether a land is agricultural…

6 years ago
  • Income Tax

Cash received over and above land registry price treated as capital gain for taxation purpose

Cash received over and above land registry price treated as capital gain for taxation purpose. Addition on account of unexplained…

7 years ago
  • Income Tax

Permission for non-agricultural use not make land non-agricultural and liable to capital gain tax – ITAT

Permission for non-agricultural use not make land non-agricultural liable to capital gain tax when it was proved beyond doubt that…

7 years ago
  • Income Tax

To establish the fact that the assessee cultivated the land the Adangal extract is a must

To establish the fact that the assessee cultivated the land the Adangal extract is a must In a recent judgment,…

8 years ago