Tribunal held that Commissioner (Appeals) on basis of agriculture income and other evidence shown in earlier years held assessee eligible for deduction under section 54B, finding of Commissioner (Appeals) being based on appreciation of evidence about claim of deduction under section 54B was justified.(AY. 2014-15)
ITO v. Bharatkumar Laljibhai Tejani (2023) 201 ITD 550 (Surat)(Trib)
S. 54B : Capital gains-Land used for agricultural purposes-Order of CIT(A), allowing the claim is affirmed. [S. 45]