https://www.taxtmi.com/highlights?id=69703 Long term capital gain - agricultural land - capital asset u/s 2(14) - land as situated within Municipal Limit or not?- it can be held that “Dharuhera” of District Rewari do not find place in the notification issued consequence to the provisions of Section 2(14) of the Income Tax Act, 1961. Hence, the land which is situated at Garhi Alawalpur cannot be treated as the capital asset, ergo the proceeds are not liable to tax under the head “Long Term Capital Gains - AT en-us Wed, 10 May 2023 16:22:44 +0530 Wed, 10 May 2023 16:22:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69703 Long term capital gain - agricultural land - capital asset u/s 2(14) - land as situated within Municipal Limit or not?- it can be held that “Dharuhera” of District Rewari do not find place in the notification issued consequence to the provisions of Section 2(14) of the Income Tax Act, 1961. Hence, the land which is situated at Garhi Alawalpur cannot be treated as the capital asset, ergo the proceeds are not liable to tax under the head “Long Term Capital Gains - AT Highlights Income Tax Wed, 10 May 2023 16:22:44 +0530 https://www.taxtmi.com/highlights?id=69703