Income from sale of agriculturl land is to be taxed as business income. If assessee's business as per MoA is to carry on sale and purchase of land: HC
(Same views was upheld if Assessee is frequently trading in agricultural ...
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Posts tagged "Rural Agricultural land"
Meaning of Agricultural Land – A well elaborated order by ITAT Hyderabad !!
Income Tax Appellate Tribunal - Hyderabad
Rajender Pershad Tejprakash, ... vs Assessee
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES "A" : HYDERABAD BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA. No. 1715/Hyd/2012 Assessment Year 2009-2010 ...
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