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Actual agricultural activity isn’t crucial in determining land as agricultural: Bombay HC

Case Law Details

Case Name
Ashok Chaganlal Thakkar Vs National Faceless Assessment Centre (Bombay High Court)
Date of Judgement/Order
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Ashok Chaganlal Thakkar Vs National Faceless Assessment Centre (Bombay High Court) In the recent case of Ashok Chaganlal Thakkar Vs National Faceless Assessment Centre, the Bombay High Court addressed the crucial question of whether actual agricultural operations are necessary for land classification. This comprehensive analysis delves into the judgment’s implications and interpretations. The petitioner, having sold parcels of land in Taluka Karjat, District Raigad, faced scrutiny under the Income Tax Act of 1961. Despite arguments that the land qualified as rural agricultural land under...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,295

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