<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>High Court Overturns Tribunal&#039;s Decision: Land Sale Proceeds Not Business Income Due to Insufficient Evidence.</title>
    <link>https://www.taxtmi.com/highlights?id=20082</link>
    <description>Treatment of income – land sold by the assesses was stock-in-trade of the dissolved firm - Tribunal had no material to come to the conclusion that the land sold by the applicant/ assessee was stock-in-trade and the Tribunal was not justified to treat it as business income - HC</description>
    <language>en-us</language>
    <pubDate>Wed, 17 Sep 2014 16:56:24 +0530</pubDate>
    <lastBuildDate>Wed, 17 Sep 2014 16:56:24 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=365372" rel="self" type="application/rss+xml"/>
    <item>
      <title>High Court Overturns Tribunal&#039;s Decision: Land Sale Proceeds Not Business Income Due to Insufficient Evidence.</title>
      <link>https://www.taxtmi.com/highlights?id=20082</link>
      <description>Treatment of income – land sold by the assesses was stock-in-trade of the dissolved firm - Tribunal had no material to come to the conclusion that the land sold by the applicant/ assessee was stock-in-trade and the Tribunal was not justified to treat it as business income - HC</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Wed, 17 Sep 2014 16:56:24 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=20082</guid>
    </item>
  </channel>
</rss>