https://www.taxtmi.com/caselaws?id=218164 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s ruling that the agricultural land sale did not constitute a capital asset under section 2(14)(iii) of the Income Tax Act. The decision highlighted the necessity of addressing the grounds of dispute raised in the appeal and upheld the judgment based on pertinent legal provisions and precedents. en-us Fri, 25 May 2012 00:00:00 +0530 Tue, 06 Nov 2012 07:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218164 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s ruling that the agricultural land sale did not constitute a capital asset under section 2(14)(iii) of the Income Tax Act. The decision highlighted the necessity of addressing the grounds of dispute raised in the appeal and upheld the judgment based on pertinent legal provisions and precedents. Case-Laws Income Tax Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218164