Sale of Land Not Exempt as Agricultural Land Without Proof of Farming Activity

George Stanley Vs DCIT (Kerala High Court)

No Evidence of Cultivation, No 10(37) – Benefit Mere Trees Don’t Make Land Agricultural – Kerala HC Orders AO to Examine 54F Claim- Rubber Trees Not Enough – Kerala HC Says Agricultural Use Must Be Proved, Directs AO to Reconsider 54F Claim

Assessee, a non-resident, sold 94 cents of land with a residential building in Pathanamthitta for ₹6.20 crore, claiming the property was agricultural land & hence not liable to capital gains tax. AO rejected the claim, holding that the property

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