https://www.taxtmi.com/caselaws?id=352256 The Tribunal ruled in favor of the assessee, determining that the profit from the sale of agricultural land should be treated as exempt capital gain under section 2(14) of the Income Tax Act. The appeal of the assessee was allowed, and the appeal of the Revenue was dismissed, directing the Assessing Officer to treat the profit as exempt capital gain. en-us Mon, 04 Dec 2017 00:00:00 +0530 Mon, 11 Dec 2017 08:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352256 The Tribunal ruled in favor of the assessee, determining that the profit from the sale of agricultural land should be treated as exempt capital gain under section 2(14) of the Income Tax Act. The appeal of the assessee was allowed, and the appeal of the Revenue was dismissed, directing the Assessing Officer to treat the profit as exempt capital gain. Case-Laws Income Tax Mon, 04 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352256