Cultivation Evidence Reopens Capital Gains on Land Sale

Balasaheb Vitthal Shinde Vs ITO (ITAT Pune) Rural or Non-Agri? ITAT Pune Reopens Capital Gains on Sale of Land From Farmland to Capital Asset? ITAT Orders Fresh Look- When Cultivation Evidence Speaks, Capital Gains Wait- Satellite Images & Affidavits Tilt the Balance: Agri-Land Issue Reopened In Balasaheb Vitthal Shinde vs. ITO, Ward-5(4), Pune (ITA No.674/PUN/2025, AY 2011-12; order dated 29-12-2025), the Pune Bench “A” of ITAT dealt with reassessment proceedings where the Assessee’s sale of land was treated as transfer of a capital asset, resulting in short-term capital gain of ₹...