https://www.taxtmi.com/caselaws?id=432575 The Tribunal affirmed the taxation of the gain on the sale of agricultural land as Short Term Capital Gain, treating the transaction as an adventure in the nature of trade. It addressed concerns of potential double taxation by deleting the income offered in the subsequent assessment year. The appeal was dismissed, and the decision was rendered on 06-01-2023. en-us Fri, 06 Jan 2023 00:00:00 +0530 Mon, 09 Jan 2023 08:58:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432575 The Tribunal affirmed the taxation of the gain on the sale of agricultural land as Short Term Capital Gain, treating the transaction as an adventure in the nature of trade. It addressed concerns of potential double taxation by deleting the income offered in the subsequent assessment year. The appeal was dismissed, and the decision was rendered on 06-01-2023. Case-Laws Income Tax Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432575