Petitioner Challenges Denial of Tax Deduction for Agricultural Land; Case Remanded for Review u/s 54B.

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....Revision u/s 264 - benefit u/s 54B denied - land were used for agricultural purposes for two years or not - the factual aspects raised in this writ petition, need to be considered once again by the first respondent and to decide the matter as to whether the petitioner has satisfied the requirement contemplated under Section 54B, while seeking deduction.....