Conclusion: Where an agricultural land was sold to a non-agriculturist, the same did not loose its status as agricultural land and could not be classified as a capital assets.
The Assessee argued that difference between the DVO’s valuation and the transaction value was a mere 3.25% of the transaction value which falls well within the 10% tolerance limit provided under ...
The National Green Tribunal (NGT) has dismissed the plea of an advocate seeking recusal of a judicial member from a case regarding water pollution on the grounds of potential conflict of interest. The ...