https://www.taxtmi.com/caselaws?id=793801 Deduction under section 54B was allowed because remand verification confirmed that agricultural and farming activities were carried on the land in the years immediately before transfer, supported by the cultivator's affidavit and bills for seeds, fertilisers, pesticides and urea. The assessee also purchased another agricultural land after sale, satisfying the statutory conditions. With no contrary material to rebut the remand findings, the Tribunal deleted the disallowance sustained by the first appellate authority. The objection based on limited scrutiny was treated as academic because the claim succeeded on merits. en-us Wed, 17 Jun 2026 00:00:00 +0530 Tue, 23 Jun 2026 09:50:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793801 Deduction under section 54B was allowed because remand verification confirmed that agricultural and farming activities were carried on the land in the years immediately before transfer, supported by the cultivator's affidavit and bills for seeds, fertilisers, pesticides and urea. The assessee also purchased another agricultural land after sale, satisfying the statutory conditions. With no contrary material to rebut the remand findings, the Tribunal deleted the disallowance sustained by the first appellate authority. The objection based on limited scrutiny was treated as academic because the claim succeeded on merits. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793801