https://www.taxtmi.com/caselaws?id=248030 The Tribunal allowed the revenue's appeal, upholding the Assessing Officer's decision to treat the land as agricultural as of 01-04-1981 for valuation purposes and calculating Long Term Capital Gain based on this classification. The Tribunal rejected the registered valuer's valuation and set aside the Commissioner of Income Tax (Appeals)'s order, reinstating the AO's assessment. en-us Fri, 10 Jan 2014 00:00:00 +0530 Thu, 29 May 2014 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248030 The Tribunal allowed the revenue's appeal, upholding the Assessing Officer's decision to treat the land as agricultural as of 01-04-1981 for valuation purposes and calculating Long Term Capital Gain based on this classification. The Tribunal rejected the registered valuer's valuation and set aside the Commissioner of Income Tax (Appeals)'s order, reinstating the AO's assessment. Case-Laws Income Tax Fri, 10 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248030