Live Help
Get News Alerts from on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session

Agricultural land not covered under ambit of Sec. 56(2)(vii)(b) if it is not capital assets u/s 2(14): ITAT

August 1, 2020[2020] 117 828 (Pune - Trib.)

INCOME TAX: Agricultural land purchased by assessee was not governed by provisions of section 56(2)(vii)(b) since said land was not capital asset as per section 2(14) and hence, no addition could be made in hands of assessee
Best view in 1140 x 768