https://www.taxtmi.com/caselaws?id=328184 The High Court upheld the Tribunal's decision that the land sold qualified as agricultural land and was situated beyond the municipal limits, exempting it from capital gains tax. The Court affirmed the competency of the Tehsildar to issue certificates regarding the land's distance from the municipal limits and dismissed the Revenue's objections. The judgment emphasized that the land's classification as agricultural depended on its use and location, not on the landowner's profession. en-us Mon, 04 Jan 2016 00:00:00 +0530 Sat, 28 May 2016 08:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328184 The High Court upheld the Tribunal's decision that the land sold qualified as agricultural land and was situated beyond the municipal limits, exempting it from capital gains tax. The Court affirmed the competency of the Tehsildar to issue certificates regarding the land's distance from the municipal limits and dismissed the Revenue's objections. The judgment emphasized that the land's classification as agricultural depended on its use and location, not on the landowner's profession. Case-Laws Income Tax Mon, 04 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328184