https://www.taxtmi.com/caselaws?id=405134 The ITAT allowed the appeal for statistical purposes, remanding the matter back to the A.O. for fresh consideration based on the additional evidence submitted by the assessee regarding the classification of agricultural land as a capital asset under Section 2(14)(iii) of the IT Act, 1961, and the distance of the land from the local limits of Jaipur municipality. The ITAT admitted the additional evidence, emphasizing the significance of thoroughly evaluating all relevant documents in tax matters. en-us Mon, 22 Feb 2021 00:00:00 +0530 Fri, 12 Mar 2021 08:37:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405134 The ITAT allowed the appeal for statistical purposes, remanding the matter back to the A.O. for fresh consideration based on the additional evidence submitted by the assessee regarding the classification of agricultural land as a capital asset under Section 2(14)(iii) of the IT Act, 1961, and the distance of the land from the local limits of Jaipur municipality. The ITAT admitted the additional evidence, emphasizing the significance of thoroughly evaluating all relevant documents in tax matters. Case-Laws Income Tax Mon, 22 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405134