IT: Where assessee was an agriculturist and land owned by him had been shown as agricultural land in revenue records, mere fact that said land had been sold to an industrial unit and had potential to be used for industrial purpose, could not be a determinative factor to treat profit earned by assessee on sale of agriculture land as business income
from www.taxmann.com Latest Case Laws https://ift.tt/2MuqzOd
Subscribe to:
Post Comments (Atom)
AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT
INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...
-
In order to provide more avenues for transacting in mutual fund units, the SEBI has issued discussion paper on ‘Usage of pool accounts in Mu...
-
IT : Where during search conducted upon premises of assessee's cousin, key belonging to assessee's locker was found and search warra...
-
2018 Witnesses Highest FPI Registrations in Four Years from taxmann.com News http://bit.ly/2V8m1i1
No comments:
Post a Comment