Relief of sec. 54B couldn't be denied just on ground that assessee sold agricultural land to a builder

INCOME TAX: Where AO rejected assessee's claim for deduction under section 54B in respect of capital gain arising from sale of agricultural land on ground that purchaser of land was a builder and, thus, said piece of land was not agricultural land, since view taken by Assessing officer while rejecting assessee's claim was not in consonance with requirements made under section 54B, impugned order passed by him was to be set aside

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