https://www.taxtmi.com/caselaws?id=375020 The High Court upheld the lower authorities' findings that the land sold by the assessee qualified as agricultural land for capital gains tax purposes. Despite non-cultivation, the land's classification as agricultural was supported by its distance from urban limits, official classification, absence of non-agricultural use evidence, and tax payments. The court ruled that the land's agricultural status remained unchanged, dismissing the Revenue's appeal. The decision emphasized the importance of factual analysis and official documentation in determining the classification of land for tax purposes. en-us Wed, 02 Jan 2019 00:00:00 +0530 Wed, 13 Feb 2019 06:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375020 The High Court upheld the lower authorities' findings that the land sold by the assessee qualified as agricultural land for capital gains tax purposes. Despite non-cultivation, the land's classification as agricultural was supported by its distance from urban limits, official classification, absence of non-agricultural use evidence, and tax payments. The court ruled that the land's agricultural status remained unchanged, dismissing the Revenue's appeal. The decision emphasized the importance of factual analysis and official documentation in determining the classification of land for tax purposes. Case-Laws Income Tax Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375020