https://www.taxtmi.com/caselaws?id=395081 The Tribunal upheld the denial of exemption under section 10(37) of the IT Act, ruling that the land was not used for agricultural purposes as required. It also confirmed the transfer of land to JDA in 2008, dismissing the claim of ownership and usage by the assessee until the allotment date. The Tribunal emphasized that the evidence presented did not prove agricultural operations on the land. The assessee's plea for reconsideration based on additional evidence was rejected, and the Tribunal's decision was upheld, leading to the dismissal of the assessee's application on 28/04/2020. en-us Tue, 28 Apr 2020 00:00:00 +0530 Mon, 04 May 2020 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395081 The Tribunal upheld the denial of exemption under section 10(37) of the IT Act, ruling that the land was not used for agricultural purposes as required. It also confirmed the transfer of land to JDA in 2008, dismissing the claim of ownership and usage by the assessee until the allotment date. The Tribunal emphasized that the evidence presented did not prove agricultural operations on the land. The assessee's plea for reconsideration based on additional evidence was rejected, and the Tribunal's decision was upheld, leading to the dismissal of the assessee's application on 28/04/2020. Case-Laws Income Tax Tue, 28 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395081