https://www.taxtmi.com/highlights?id=39743 Nature of land sold - agricultural land - where the land is shown in revenue record as agricultural land and no permission was taken for conversion of land, it is immaterial whether any agricultural income is shown in the return or not, the gains from sale are exempt from taxation.- AT en-us Thu, 07 Jun 2018 08:54:34 +0530 Thu, 07 Jun 2018 08:54:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=39743 Nature of land sold - agricultural land - where the land is shown in revenue record as agricultural land and no permission was taken for conversion of land, it is immaterial whether any agricultural income is shown in the return or not, the gains from sale are exempt from taxation.- AT Highlights Income Tax Thu, 07 Jun 2018 08:54:34 +0530 https://www.taxtmi.com/highlights?id=39743