https://www.taxtmi.com/highlights?id=30349 Merely because the assessee had divided bigger plot into small plots does not establish the same to be business activity carried on by the assessee or adventure in the nature of trade, keeping in view the other circumstances of the case. - AT en-us Mon, 18 Jul 2016 11:15:44 +0530 Mon, 18 Jul 2016 11:15:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30349 Merely because the assessee had divided bigger plot into small plots does not establish the same to be business activity carried on by the assessee or adventure in the nature of trade, keeping in view the other circumstances of the case. - AT Highlights Income Tax Mon, 18 Jul 2016 11:15:44 +0530 https://www.taxtmi.com/highlights?id=30349