https://www.taxtmi.com/caselaws?id=26842 The petition succeeded as the court set aside the impugned order of the Income-tax Appellate Tribunal and remanded the proceedings to determine if the agricultural land was used for agricultural purposes at the relevant time. The court rejected the challenge to the constitutional validity of the amended provisions of the Income-tax Act, 1961, and held that capital gains tax could not be levied on agricultural land used for agricultural purposes. The court found no undue delay in filing the petition and ruled in favor of the petitioners without costs. en-us Thu, 27 Jun 1985 00:00:00 +0530 Mon, 08 Feb 2010 18:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26842 The petition succeeded as the court set aside the impugned order of the Income-tax Appellate Tribunal and remanded the proceedings to determine if the agricultural land was used for agricultural purposes at the relevant time. The court rejected the challenge to the constitutional validity of the amended provisions of the Income-tax Act, 1961, and held that capital gains tax could not be levied on agricultural land used for agricultural purposes. The court found no undue delay in filing the petition and ruled in favor of the petitioners without costs. Case-Laws Income Tax Thu, 27 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26842