https://www.taxtmi.com/caselaws?id=252219 The Tribunal confirmed that the land in question qualified as agricultural land, exempting it from capital gain tax. The deduction of interest paid on overdraft against interest received on fixed deposits was disallowed. The issue of commission payments disallowance was remanded for re-evaluation. The unexplained cash credit of Rs. 97 lakhs was also remanded for further examination. en-us Fri, 06 Jun 2014 00:00:00 +0530 Fri, 26 Sep 2014 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252219 The Tribunal confirmed that the land in question qualified as agricultural land, exempting it from capital gain tax. The deduction of interest paid on overdraft against interest received on fixed deposits was disallowed. The issue of commission payments disallowance was remanded for re-evaluation. The unexplained cash credit of Rs. 97 lakhs was also remanded for further examination. Case-Laws Income Tax Fri, 06 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252219