https://www.taxtmi.com/caselaws?id=200580 The ITAT Delhi upheld the CIT(A)'s decision, ruling in favor of the assessee. The exemption claimed under section 10(37) was allowed for compensation received for land acquisition by the Haryana urban development authority. Additionally, the treatment of Gair Mumkin land as agricultural land was confirmed, as supported by evidence of its agricultural nature. The revenue's appeal was dismissed, affirming the exemption and the classification of the land as agricultural. en-us Mon, 10 Apr 2017 00:00:00 +0530 Fri, 06 Apr 2018 07:45:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200580 The ITAT Delhi upheld the CIT(A)'s decision, ruling in favor of the assessee. The exemption claimed under section 10(37) was allowed for compensation received for land acquisition by the Haryana urban development authority. Additionally, the treatment of Gair Mumkin land as agricultural land was confirmed, as supported by evidence of its agricultural nature. The revenue's appeal was dismissed, affirming the exemption and the classification of the land as agricultural. Case-Laws Income Tax Mon, 10 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200580