https://www.taxtmi.com/caselaws?id=258345 The court held that the distance for determining agricultural land should be measured by the approach road, not the straight line method. Income from the sale of agricultural land was deemed exempt from capital gains tax and not classified as business income. The appeal was dismissed with no order as to costs, and related appeals were also rejected. en-us Mon, 30 Mar 2015 00:00:00 +0530 Wed, 05 Apr 2017 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258345 The court held that the distance for determining agricultural land should be measured by the approach road, not the straight line method. Income from the sale of agricultural land was deemed exempt from capital gains tax and not classified as business income. The appeal was dismissed with no order as to costs, and related appeals were also rejected. Case-Laws Income Tax Mon, 30 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258345