https://www.taxtmi.com/caselaws?id=775749 Supreme Court dismissed a petition challenging tax treatment of surplus from sale of land, affirming that three fact-finding authorities uniformly concluded the property was not used for agricultural purposes by the assessee. The court found no legal error in the High Court's evaluation of material and declined to interfere with concurrent findings of fact, resulting in the upheld characterisation of the asset for tax purposes as a capital asset and the consequent taxability of gains on sale. en-us Fri, 25 Jul 2025 00:00:00 +0530 Tue, 10 Feb 2026 14:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775749 Supreme Court dismissed a petition challenging tax treatment of surplus from sale of land, affirming that three fact-finding authorities uniformly concluded the property was not used for agricultural purposes by the assessee. The court found no legal error in the High Court's evaluation of material and declined to interfere with concurrent findings of fact, resulting in the upheld characterisation of the asset for tax purposes as a capital asset and the consequent taxability of gains on sale. Case-Laws Income Tax Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775749