https://www.taxtmi.com/caselaws?id=60811 The Appellate Tribunal allowed the appeals of the assessee, holding that capital gains arising from the sale of agricultural land used for agricultural purposes were not liable to tax. The Tribunal extensively analyzed legal provisions, judicial precedents, and specific facts of the case to reach this decision, providing clarity on the tax treatment of agricultural land transactions under the Income-tax Act, 1961. en-us Tue, 22 Mar 1983 00:00:00 +0530 Sun, 06 Feb 2011 03:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60811 The Appellate Tribunal allowed the appeals of the assessee, holding that capital gains arising from the sale of agricultural land used for agricultural purposes were not liable to tax. The Tribunal extensively analyzed legal provisions, judicial precedents, and specific facts of the case to reach this decision, providing clarity on the tax treatment of agricultural land transactions under the Income-tax Act, 1961. Case-Laws Income Tax Tue, 22 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60811