https://www.taxtmi.com/caselaws?id=62174 Land used for agricultural purposes was held to retain its agricultural character for capital gains purposes, where agricultural income-tax assessment orders, a revenue certificate, local inspection findings and evidence of tapioca cultivation showed actual cultivation and no idle use at transfer. The land's considerable distance from municipal limits further supported the factual conclusion. On that basis, the disputed portion was correctly treated as agricultural land, and the revenue's challenge to the relief granted on that footing failed. en-us Fri, 17 Dec 1982 00:00:00 +0530 Tue, 18 Jan 2011 13:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62174 Land used for agricultural purposes was held to retain its agricultural character for capital gains purposes, where agricultural income-tax assessment orders, a revenue certificate, local inspection findings and evidence of tapioca cultivation showed actual cultivation and no idle use at transfer. The land's considerable distance from municipal limits further supported the factual conclusion. On that basis, the disputed portion was correctly treated as agricultural land, and the revenue's challenge to the relief granted on that footing failed. Case-Laws Income Tax Fri, 17 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62174