Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (5) TMI 1544 - AT - Income TaxWhether the capital gain account of sale of agriculture land is taxable in the hands of the assessee - Held that:- the amount of capital gain income has been duly reflected in his return of income - also assessee has invested his sale proceeds in another agriculture land and the deduction u/s 54B of the Act was also claimed - thus AO is directed to delete the addition made by him - decided in favor of assessee.
|