This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
On-money received on sale of agricultural land, even when not declared, is also exempt & cannot be taxed
Case Law Details
- Case Name
- ACIT Vs Kamlesh Kumar Rathi (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
ACIT Vs Kamlesh Kumar Rathi (ITAT Delhi)
On-money received on sale of agricultural land, even when not declared, is also exempt & cannot be taxed
The dispute relates to addition made on account of on money/ undisclosed income, arising out of sale of agricultural land.
Search and seizure operation u/s. 132 was conducted in case of the assessee. In response to notices issued u/s. 153A assessee filed his return of income. Subsequently, assessee filed revised returns of income for both the assessment years under dispute, by enhancing the sale consideration received on sal...
Author Info
