https://www.taxtmi.com/caselaws?id=373702 The court affirmed that the land in question qualified as agricultural land for capital gain tax exemption. The Commissioner of Income Tax (Appeals) and the Tribunal both accepted the Assessee's claim based on evidence of fruit-bearing trees, tube-wells, and a small house on the land, as well as its classification in revenue records. The High Court upheld the Tribunal's decision, finding no legal issue and dismissing the Tax Appeal. The land was deemed agricultural, warranting exemption from capital gain tax for the Assessment Year 2009-10. en-us Mon, 14 Jan 2019 00:00:00 +0530 Fri, 18 Jan 2019 08:10:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373702 The court affirmed that the land in question qualified as agricultural land for capital gain tax exemption. The Commissioner of Income Tax (Appeals) and the Tribunal both accepted the Assessee's claim based on evidence of fruit-bearing trees, tube-wells, and a small house on the land, as well as its classification in revenue records. The High Court upheld the Tribunal's decision, finding no legal issue and dismissing the Tax Appeal. The land was deemed agricultural, warranting exemption from capital gain tax for the Assessment Year 2009-10. Case-Laws Income Tax Mon, 14 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373702