https://www.taxtmi.com/highlights?id=43901 Gain arising on the sale of land - to be taxed as ‘business income’ or not - specific verification needs to be conducted to verify whether actual intention of the assessee was to procure the land for investment or to sale it at higher profit - matter remanded back. en-us Tue, 15 Jan 2019 12:03:44 +0530 Tue, 15 Jan 2019 12:03:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=43901 Gain arising on the sale of land - to be taxed as ‘business income’ or not - specific verification needs to be conducted to verify whether actual intention of the assessee was to procure the land for investment or to sale it at higher profit - matter remanded back. Highlights Income Tax Tue, 15 Jan 2019 12:03:44 +0530 https://www.taxtmi.com/highlights?id=43901