2011 (2) TMI 1391

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....RDER Per Smt. P. MADHAVI DEVI, JM : These appeals by the revenue are directed against the orders of the CIT(A)-II, Bangalore, dated 15-3-2010 for the assessment year 2005-06 in respect of the abovementioned two assessees. 2. The revenue is aggrieved by the order of the CIT(A) in directing to levy long term capital gains as claimed by the assessee by following the decision of the ITAT in the c....

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....e the CIT(A) who found that the said land was initially converted from agricultural land to non-agricultural/residential purpose by the original owners of the land but the land so converted was required to be put to use for non-agricultural purpose within two years from the date of conversion order. But it was not so put to use and therefore, the order was to be treated as null and void automatica....