https://www.taxtmi.com/caselaws?id=391388 The court determined that the land in question was classified as a capital asset, not agricultural land, making the petitioner ineligible for exemption under Section 10(37) of the Income Tax Act. The rejection of the refund claim due to filing delay and lack of credible evidence was upheld. Consequently, the petition was dismissed without costs. en-us Thu, 16 Jan 2020 00:00:00 +0530 Mon, 27 Jan 2020 05:33:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391388 The court determined that the land in question was classified as a capital asset, not agricultural land, making the petitioner ineligible for exemption under Section 10(37) of the Income Tax Act. The rejection of the refund claim due to filing delay and lack of credible evidence was upheld. Consequently, the petition was dismissed without costs. Case-Laws Income Tax Thu, 16 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391388