Income Tax - Land sold is agricultural land or it is to be treated as a capital asset in the terms of section 2(14) of the Act Even if no agricultural production was done by the assessee on this land, this mere fact will not take out the land out of the nomenclature of agricultural land - Tri

Income Tax - Land sold is agricultural land or it is to be treated as a capital asset in the terms of section 2(14) of the Act Even if no agricultural production was done by the assessee on this land, this mere fact will not take out the land out of the nomenclature of agricultural land - Tri....................