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
price at which the land was sold
and whether the owner would have ever sold the land valuing it
as a property yielding agricultural produce on the basis of its
yield?
7.1
The Nagpur Bench of Bombay High Court in V A
Trivedi laid the tests for ascertaining the true character or
nature of the land as “it must
