THE COMMISSIONER OF INCOME TAX-1, KOCHI vs. M/S.COCHIN MALABAR ESTATES & INDUSTRIES LTD.
ITA/179/2014HC Kerala28 Oct 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
Section 143(2)Section 2(14)Section 2(14)(iii)Section 260A
Section 2(14) of the Act, could be
said as non-agricultural land. The following three tests are
important (i) to ascertain the true character or nature of the
land, (ii) whether it has been put to use for agricultural
purposes for a reasonable span of time prior to the relevant
date; (iii) whether on the relevant date the land
