https://www.taxtmi.com/caselaws?id=233827 The High Court dismissed appeals challenging a common order on assessment years 2008-09 and 2009-10 regarding short term capital gain on the sale of land beyond municipal limits of Gurgaon. The issue revolved around the nature of the land being agricultural. The Tribunal upheld the deletion of the short term capital gain addition, emphasizing the land's distance from municipal limits. The High Court affirmed the Tribunal's decision, finding no substantial legal question for consideration, leading to the dismissal of the appeals. en-us Tue, 30 Apr 2013 00:00:00 +0530 Fri, 17 May 2013 11:16:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233827 The High Court dismissed appeals challenging a common order on assessment years 2008-09 and 2009-10 regarding short term capital gain on the sale of land beyond municipal limits of Gurgaon. The issue revolved around the nature of the land being agricultural. The Tribunal upheld the deletion of the short term capital gain addition, emphasizing the land's distance from municipal limits. The High Court affirmed the Tribunal's decision, finding no substantial legal question for consideration, leading to the dismissal of the appeals. Case-Laws Income Tax Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233827