COMMISSIONER OF INCOME TAX Vs. GURCHARAN SINGH

JUDGEMENT

(1.) OF law was referred to this Court by the Tribunal, Chandigarh Bench, Chandigarh, arising out of order passed in ITA Nos. 1176 -1177 of 1979 for the asst. yrs. 1974 -75 and 1975 -76 :

(2.) THE brief facts are that the assessee sold some agricultural land during the assessment year in question and declared when amendment in s. 2(14) of the IT Act, 1961 (for short the Act) was made. Before this date, the agricultural land

(3.) THE Revenue went in appeal against the order passed by the AAC, to the Tribunal and failed.