https://www.taxtmi.com/caselaws?id=177374 The ITAT upheld the CIT(A)'s decision regarding the measurement of distance for agricultural land, dismissing the Revenue's appeal. The dispute centered on whether to measure distance based on aerial distance or the approach road for determining if the land qualifies as agricultural or a capital asset. The ITAT set aside the AO's order and directed the distance to be determined from municipal limits following previous Tribunal orders, in line with the Punjab & Haryana High Court's ruling. en-us Thu, 30 Jun 2011 00:00:00 +0530 Fri, 08 Jan 2016 10:05:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177374 The ITAT upheld the CIT(A)'s decision regarding the measurement of distance for agricultural land, dismissing the Revenue's appeal. The dispute centered on whether to measure distance based on aerial distance or the approach road for determining if the land qualifies as agricultural or a capital asset. The ITAT set aside the AO's order and directed the distance to be determined from municipal limits following previous Tribunal orders, in line with the Punjab & Haryana High Court's ruling. Case-Laws Income Tax Thu, 30 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177374