https://www.taxtmi.com/caselaws?id=179262 The Tribunal upheld the CIT(A)'s decisions in a case involving the treatment of income from letting out poultry sheds as income from house property, the classification of sale of agricultural lands as exempt agricultural income, and the disallowance of depreciation on poultry lands. The Tribunal dismissed cross-appeals for both assessment years, confirming the rental income as income from house property, upholding the deletion of long-term capital gains on agricultural land sales, and validating the remand for reconsideration of depreciation on poultry lands. en-us Tue, 31 Dec 2013 00:00:00 +0530 Wed, 10 Aug 2016 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179262 The Tribunal upheld the CIT(A)'s decisions in a case involving the treatment of income from letting out poultry sheds as income from house property, the classification of sale of agricultural lands as exempt agricultural income, and the disallowance of depreciation on poultry lands. The Tribunal dismissed cross-appeals for both assessment years, confirming the rental income as income from house property, upholding the deletion of long-term capital gains on agricultural land sales, and validating the remand for reconsideration of depreciation on poultry lands. Case-Laws Income Tax Tue, 31 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179262