Capital Gains Set Aside for Ignoring Agricultural Land Evidence

Mukul Monga Vs ITO (ITAT Delhi) Delhi ITAT Sets Aside Capital Gains Addition on Sale of Agricultural Land: Goetze Bar Not Applicable at Appellate Stage Goetze Stops AO, Not Appellate Justice: ITAT Revives Agri-Land Claim: No Revised Return, Yet Claim Lives: Agricultural Land Issue Remanded Distance Certificate Ignored, Justice Restored by ITAT; Capital Asset or Not? ITAT Says Decide on Evidence, Not Technicalities Delhi ITAT ‘C’ Bench in Mukul Monga Vs. ITO [ITA No. 2936/Del/2025, AY 2017-18, order dated 31.12.2025] held that CIT(A)/NFAC erred in rejecting Assessee’s claim that land sold...