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Commissioner Of Income-Tax, Bombay ... vs Union Land And Building Society Pvt. ... on 10 February, 1971

14.CIT v. Land situate at a distance of 1 Sarifabibi kilometer from the railway station, I.T. Ref. Surat, covered by a T.P. Scheme; a No. 92 of parcel of land out of the very land 1976 converted to non-agricultural use decided on 15 years back and residential chawl 17-4-81- constructed thereon; no agricultural Since operation were carried on for the reported last 4 years, s though in the past in [1983] such operations were carried on; 136 ITR only grass for fodder grown in the 621 last year; the land still continued as agricultural land in revenue records, and it was not actually converted to non-agricultural use; the purchaser was a housing society and the purchase was for non-agri- cultural use for which permission was obtained subsequently.
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