https://www.taxtmi.com/caselaws?id=258413 The ITAT upheld the CIT(A)'s findings that there was no transfer of property under Section 2(47)(v) of the Income Tax Act, the value of consideration could not be determined for capital gains tax purposes, and the land in question was classified as agricultural. The assessee's appeal regarding an unexplained cash credit was allowed for statistical purposes, with directions for the AO to re-examine the issue based on evidence provided by the assessee. en-us Thu, 28 Aug 2014 00:00:00 +0530 Tue, 18 Aug 2015 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258413 The ITAT upheld the CIT(A)'s findings that there was no transfer of property under Section 2(47)(v) of the Income Tax Act, the value of consideration could not be determined for capital gains tax purposes, and the land in question was classified as agricultural. The assessee's appeal regarding an unexplained cash credit was allowed for statistical purposes, with directions for the AO to re-examine the issue based on evidence provided by the assessee. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258413