https://www.taxtmi.com/caselaws?id=263301 The High Court upheld the Tribunal's decisions to remand the issue of agricultural income, treat the sale of Plot No.91 as business income, classify income from specific lands as business income, and remand the applicability of Section 41(1) for fresh consideration. The Court dismissed all related tax appeals, emphasizing the importance of thorough verification and proper classification of income based on transaction nature and business activities. en-us Tue, 28 Apr 2015 00:00:00 +0530 Mon, 31 Aug 2015 07:55:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263301 The High Court upheld the Tribunal's decisions to remand the issue of agricultural income, treat the sale of Plot No.91 as business income, classify income from specific lands as business income, and remand the applicability of Section 41(1) for fresh consideration. The Court dismissed all related tax appeals, emphasizing the importance of thorough verification and proper classification of income based on transaction nature and business activities. Case-Laws Income Tax Tue, 28 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263301