Agricultural Land Capital Gains: Municipal Limits as per notification on Sale date

Printisha Pravinbhai Patel Vs ITO (ITAT Surat)

Municipal limits for Agricultural Land Capital Gain Tax should be determined based on the notification in force at the time of sale: ITAT Surat

Income Tax Appellate Tribunal (ITAT) Surat addressed the complex issue of determining capital gains tax on agricultural land, specifically focusing on how municipal limits should be defined for this purpose. The central question was whether the land in question qualified as agricultural land under Section 2(14) of the Income Tax Act, which defi

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