farm | food | videos | price | information | history

3114View
7m 25sLenght
8Rating

Dispute : Whether agricultural land is situated in urban area or rural area Claim of the Assessee : Distance should be measured as per road. Therefore not a capital asset. Claim of the AO : Distance should be measured as the crow flies. Therefore it is capital asset CIT vs. Vijay Singh Kadan (Delhi High Court), I.T.A. No. 714/2015, Date-14.09.2015 Lecture series on direct tax and indirect tax by tax expert K K Agrawal. Visit us at http://www.taxbykk.com/