https://www.taxtmi.com/highlights?id=67584 Gain on sale of land - Short Term Capital Gain OR business income - the assessee converted the agricultural land into non-agricultural purpose - The above transaction is to be treated as an adventure in the nature of trade, as the assessee converted the above land as non-agricultural and for the purpose of industrial use and sold - AT en-us Mon, 09 Jan 2023 08:58:52 +0530 Mon, 09 Jan 2023 08:58:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67584 Gain on sale of land - Short Term Capital Gain OR business income - the assessee converted the agricultural land into non-agricultural purpose - The above transaction is to be treated as an adventure in the nature of trade, as the assessee converted the above land as non-agricultural and for the purpose of industrial use and sold - AT Highlights Income Tax Mon, 09 Jan 2023 08:58:52 +0530 https://www.taxtmi.com/highlights?id=67584