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2023 (4) TMI 572 - AT - Income TaxComputation of capital gains on sale of land - Nature of land sold - assessee argued that the impugned land sold by the assessee along with other co-owners is an agricultural land which is situated beyond 8 kms from the limits of local municipality - HELD THAT:- CIT(A) has recorded categorical finding that the assessee could not file any evidence to prove that the impugned land sold by the assessee along with other co-owners is an agricultural land which does not come under the purview of capital gains. CIT(A) had discussed the issue in light of facts brought out by the AO and arguments advanced by the assessee and came to the conclusion that the remand report called for from the AO with respect to the claim of the assessee, the AO gave his findings that the impugned land is not an agricultural land. Assessee neither filed any evidences nor explained how said land is agricultural land which is outside the scope of capital gains tax. The findings of the facts recorded by the CIT(A) is uncontroverted. Assessee neither appeared nor filed any details. No error in the reasons given by the ld. CIT(A) to sustain computation of capital gains on sale of land and thus, we reject grounds taken by the assessee.
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