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Exemption on sale of agricultural land couldn't be denied if buyer converted itto non-agriculture land after sale

April 19, 2017[2017] 80 taxmann.com 174 (Mumbai - Trib.)/[2017] 164 ITD 1 (Mumbai - Trib.)
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IT : Where documentary evidences were produced to show that land sold was recorded as agricultural land in revenue records and seeds, fertilizers, etc., were purchased for carrying out agricultural activities and agricultural products were cultivated, mere conversion of land by its purchasers into non-agricultural and its uncultivation for long time would not make said land non-agricultural at time it was sold

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