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2010 (3) TMI 840 - ITAT DELHICapital gains or agricultural income - the old mango trees were cut out for providing land for replantation of mango trees - In the present case, the land was acquired by the deceased father of the assessee along with trees and plants standing thereon and such land along with trees and plants were sold by the assessee. - The entire cost price of this land which included the cost of trees and plants also has been claimed as deduction as cost of acquisition and the same was allowed after indexation and hence it cannot be said that some part of sale proceeds is agricultural income and not capital gains. - Decided in favor of revenue.
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