Profits from Sale of Agricultural Land Exempt from Tax as Per Income Tax Act Sections 2(1A)(a), 2(14)(iii), 10(1).

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....Assessee's gains were profits from sale of specified agricultural land which does not come within the definition of asset as prescribed under s. 2(14) and by virtue of s. 2(lA)(a) r/w s, 2(14)(iii) r/w s. 10(1) the assessee's gains from sale of such agricultural land are exempt income - AT....