Short Land Holding Doesn't Mean Taxable Profit: Consider Use and Other Factors for Agricultural Land Tax Classification.

Short Land Holding Doesn't Mean Taxable Profit: Consider Use and Other Factors for Agricultural Land Tax Classification. https://www.taxtmi.com/highlights?id=19899 Agriculture land or not - Merely because of the fact that the land was sold in a short period of holding, it cannot be held that income arising from the sale of land was taxable as profit arising from the adventure in the nature of trade or capital gain - AT en-us Wed, 03 Sep 2014 13:03:54 +0530 Wed, 03 Sep 2014 13:03:54 +0530 TaxTMI RSS Generator Short Land Holding Doesn't Mean Taxable Profit: Consider Use and Other Factors for Agricultural Land Tax Classification. https://www.taxtmi.com/highlights?id=19899 Agriculture land or not - Merely because of the fact that the land was sold in a short period of holding, it cannot be held that income arising from the sale of land was taxable as profit arising from the adventure in the nature of trade or capital gain - AT Highlights Income Tax Wed, 03 Sep 2014 13:03:54 +0530 https://www.taxtmi.com/highlights?id=19899