Gain arising on sale of agricultural land - exemption u/s 2(14) ...

Income Tax

January 2, 2016

Gain arising on sale of agricultural land - exemption u/s 2(14) denied - assessee has held the impugned agricultural lands as investment only and not as stock in trade, and hence they cannot be categorized as “Capital asset” within the meaning of sec. 2(14) of the Act - AT

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Gain arising on sale of agricultural land - exemption u/s 2(14) ...

Income Tax

January 2, 2016

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