Income from sale of Land - Capital Gain or business income – ...

Land Sale Income Ruled as Capital Gain, Not Business Income; Agricultural Land Sale Not a Trade Adventure.

June 17, 2015

Case Laws Income Tax AT

Income from sale of Land - Capital Gain or business income – agriculture land - activity of the assessee of purchase and sale of the said land was not an adventure in the nature of trade as alleged by the AO - AT

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Income from sale of Land - Capital Gain or business income – ...

Land Sale Income Ruled as Capital Gain, Not Business Income; Agricultural Land Sale Not a Trade Adventure.

June 17, 2015

Case Laws Income Tax AT

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