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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Deduction u/s 54B - assessee purchased agricultural land from ...

Income Tax

August 1, 2019

Deduction u/s 54B - assessee purchased agricultural land from the sale proceeds - the impugned land on which Ghas / Grass is shown as per revenue record was in the nature of agricultural land on which agricultural activities were being carried out in the form of grass and same was irrigated by ‘well’ - assessee is entitled for deduction u/s 54B

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