https://www.taxtmi.com/caselaws?id=434450 The Tribunal partly allowed the assessee's appeal by directing the AO to adopt the Jantri rate of Rs.1,800 per sq. mt. for computing the Long Term Capital Gain. However, the Tribunal confirmed the addition of Rs.2,44,28,561 as Long Term Capital Gains due to the failure to substantiate the conversion of agricultural land into stock-in-trade. The order was pronounced on 22/02/2023. en-us Wed, 22 Feb 2023 00:00:00 +0530 Tue, 21 Apr 2026 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434450 The Tribunal partly allowed the assessee's appeal by directing the AO to adopt the Jantri rate of Rs.1,800 per sq. mt. for computing the Long Term Capital Gain. However, the Tribunal confirmed the addition of Rs.2,44,28,561 as Long Term Capital Gains due to the failure to substantiate the conversion of agricultural land into stock-in-trade. The order was pronounced on 22/02/2023. Case-Laws Income Tax Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434450