https://www.taxtmi.com/caselaws?id=789775 Revenue records and supporting evidence showing agricultural use can determine land classification for income-tax purposes, so land treated as agricultural falls outside capital gains taxation. The Court also noted that valuation materials such as guideline values are not determinative of the land's character, and a contrary factual finding may be interfered with if perverse. On jurisdiction, the Tribunal was entitled to entertain and decide appeals arising from the assessment and first appellate orders. The principal tax dispute was resolved in favour of the assessee, with the finding that the land was non-agricultural set aside. en-us Wed, 25 Mar 2026 00:00:00 +0530 Tue, 14 Apr 2026 08:03:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789775 Revenue records and supporting evidence showing agricultural use can determine land classification for income-tax purposes, so land treated as agricultural falls outside capital gains taxation. The Court also noted that valuation materials such as guideline values are not determinative of the land's character, and a contrary factual finding may be interfered with if perverse. On jurisdiction, the Tribunal was entitled to entertain and decide appeals arising from the assessment and first appellate orders. The principal tax dispute was resolved in favour of the assessee, with the finding that the land was non-agricultural set aside. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789775