![Sale of Agricultural Land converted into Plots Taxable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Agricultural-Land.jpg "Sale of Agricultural Land converted into Plots Taxable as Business Income: ITAT [Read Order]")
Sale of Agricultural Land converted into Plots Taxable as Business Income: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the sale of agricultural land which has been converted into several plots are...
![No Tax Exemption if Agricultural Land was declared as Industrial Plot during Registration of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Tax-Exemption-Agricultural-Land-Taxscan.jpg "No Tax Exemption if Agricultural Land was declared as Industrial Plot during Registration of Sale Deed: ITAT [Read Order]")
Sale of Agricultural Land is Exempt from Tax though there were No Agricultural Activities: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Shri Kallepu Sharath Chander v. Asstt. Commissioner of Income Tax, Hyderabad held that the sale of Agricultural Land is...
Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]
In the Case, Commissioner of Income Tax vs Ram Kumar Duhan, Punjab and Haryana High Court has deleted the addition made by the Assessing Officer (AO) since the transfer of land to Assessee was to...
![Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]")
![Receipt from Compulsory Acquisition of Agricultural Land is not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Compulsory-Acquisition-Taxscan.jpg "Receipt from Compulsory Acquisition of Agricultural Land is not Taxable: ITAT [Read Order]")
Sale Consideration on Agricultural Land after its Conversion to Non-Agricultural Land is Business Income, S. 50C can’t be invoked: ITAT [Read Order]
The ITAT bench comprising Pramod Kumar (AM) and S. S. Godara (JM) recently confirmed that the sale consideration on agricultural land after its conversion to non-agricultural Land constitutes business...
![Sale Consideration on Agricultural Land after its Conversion to Non-Agricultural Land is Business Income, S. 50C can’t be invoked: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Sale-Consideration-Business-Income-Taxscan.jpg "Sale Consideration on Agricultural Land after its Conversion to Non-Agricultural Land is Business Income, S. 50C can’t be invoked: ITAT [Read Order]")