https://www.taxtmi.com/highlights?id=53546 Capital gain - nature of land sold - capital asset v/s agricultural land - whether the agricultural land sold by the assessee or his HUF is a ‘capital asset’? - land sold by the assessee is situated approximately 5.5 km from the municipal limits - Definitely the property is not situated within 5 km of the municipality limits of that particular region. en-us Sun, 31 May 2020 04:13:07 +0530 Sun, 31 May 2020 04:13:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53546 Capital gain - nature of land sold - capital asset v/s agricultural land - whether the agricultural land sold by the assessee or his HUF is a ‘capital asset’? - land sold by the assessee is situated approximately 5.5 km from the municipal limits - Definitely the property is not situated within 5 km of the municipality limits of that particular region. Highlights Income Tax Sun, 31 May 2020 04:13:07 +0530 https://www.taxtmi.com/highlights?id=53546