A land couldn’t be treated as agricultural land merely because it categorised as agricultural land in revenue records

INCOME TAX : Mere classification of land in revenue record, as agricultural land, will not conclusively prove that nature of land was an agricultural land , hence, where no evidence was produced by assessee to establish character of land sold by it as agricultural land, Assessing Officer had rightly held that land was not an agricultural landINCOME TAX : Mere classification of land in revenue record, as agricultural land, will not conclusively prove that nature of land was an agricultural land , hence, where no evidence was produced by assessee to establish character of land sold by it as agricultural land, Assessing Officer had rightly held that land was not an agricultural landwww.taxmann.com Latest Case LawsRead More

Leave a Reply