Agricultural Land Beyond 8 km Limit Not Taxable as Capital Asset: ITAT Indore

Rajesh Kumar Garg Vs ITO (ITAT Indore)

Rural Agri Land Outside 8 KM Limit – Pre-Diversion Gains Not Taxable – ITAT Indore’s Balanced View on Capital Gains from Diverted Land; Agricultural Land Beyond 8 km Limit Not Taxable as Capital Asset: ITAT Indore; ITAT Rules Agricultural Land Outside Municipal Limits Exempt from Capital Gains Tax; Land Sold Before Diversion Retains Agricultural Character, Says ITAT Indore; ITAT: Capital Gain Not Chargeable on Sale of Agricultural Land Outside 8 km Radius; Capital Gains Exemption Allowed as Land Beyond Prescribed Municipal Distan

Please become a Premium member. If you are already a Premium member, login here to access the full content.