2003 (5) TMI 514

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.... -<br>Income Tax<br>-<br>Sudhir Narain And D. P. Gupta, JJ. For the Petitioner : Ashok Kumar For the Respondent Pankaj Mittal ORDER 1. Heard Shri Ashok Kumar, learned Counsel for the applicant; an....

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....lar question was considered in CIT v. Shashi Kumar Agrawal [1992] 195 ITR 767 (All.) wherein it has been held that the profit from the sale of land after plotting it out to secure better price cannot ....