INCOME TAX CASE LAW 23.05.2026
INCOME TAX CASE LAW 23.05.2026 Relevant Act Section Case Law Title Citation Brief Summary Income-Tax Act, 1961 Sec. 2(14) Keshavareddy Krishnareddy v. ACIT Click Here Compensation received from compulsory acquisition of agricultural land is not taxable under capital gains as agricultural lands are explicitly excluded from the definition of a capital asset under Sec. 2(14).… Read More »