Income Tax Appellate Tribunal Chandigarh

Man sells ancestral agricultural land for Rs 8 crore, buys two properties and claims LTCG exemption; faces Rs 6.36 crore tax additions, why ITAT Chandigarh gave relief under Sections 54B and 54F

The ITAT Chandigarh eventually ruled substantially in the man’s favour on both questions. (Image for representative…