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![No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/exemption-Income-from-agricultural-land-capital-ITAT-TAXSCAN.jpg "No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]")
No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that exemption on Income from the sale of non-agricultural land is not...