Tribunal Rejects New Claim on Agricultural Land Sale; No Admission u/rs 11 and 29 Due to Lack of Facts.

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....Admission of additional grounds under Rule 11 and 29 of the Income Tax (Appellate Tribunal) Rules, 1963 - In the absence of relevant facts available before revenue authorities, we are not inclined to admit the additional ground for adjudication. The additional grounds raised towards a new claim that the agricultural land sold is outside the purview of definition of capital assets is thus rejected as inadmissible. - AT....