Bahadur Singh v. CIT (Appeals) (2023) 154 taxmann.com 456 (P& H)(HC) Editorial: SLP dimissed, Bahadur Singh v. CIT (Appeals) (2023) 295 Taxman 313 (SC)

S. 54B : Capital gains-Land used for agricultural purposes-Purchased land in name of wife-Not entitle to exemption. [S. 45]

Assessee and his three brothers sold jointly owned land. The  assessee purchased land in name of his wife and claimed exemption under section 54B of the Act. Exemption was denied  which is affirmed bby the High Court.  

Followed  CIT v. Dinesh Verma (2015) 233 Taxman 409(P& H)(HC)