https://www.taxtmi.com/caselaws?id=388808 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the issue of capital gain calculation for the Assessment Year 2008-09 related to the sale of land. The Tribunal admitted additional evidence supporting the contention that the land was agricultural, emphasizing the need for a thorough review of the nature of the land and its impact on accurate valuation. The case highlighted the significance of considering sale agreements, legal disputes, and additional evidence in determining the nature of the land for capital gain calculation. en-us Thu, 21 Nov 2019 00:00:00 +0530 Sat, 23 Nov 2019 09:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388808 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the issue of capital gain calculation for the Assessment Year 2008-09 related to the sale of land. The Tribunal admitted additional evidence supporting the contention that the land was agricultural, emphasizing the need for a thorough review of the nature of the land and its impact on accurate valuation. The case highlighted the significance of considering sale agreements, legal disputes, and additional evidence in determining the nature of the land for capital gain calculation. Case-Laws Income Tax Thu, 21 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388808