No interference required if ITAT declared land as 'agricultural land' after extensively examining facts: HC

INCOME TAX: Where assessee, sold a land and claimed that it was an agricultural land within meaning of section 2(14)(iii) and, thus, profit arising on its sale was not liable to tax, since Tribunal extensively examined facts and concluded that land was not an agricultural land, and, further, entire village in which land was situated was notified under provisions of Tamil Nadu Land Urban Land (Ceiling and Regulation) Act and Urban Land Tax Act, land in question could not be regarded as an 'agricu

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