Sale Consideration of Agricultural Land Assessed to Tax without Adjusting the Cost of Acquisition: Delhi HC dismisses Petition, Directs to Seek Statutory Remedy [Read Order]

Sale Consideration of Agricultural Land - Sale Consideration - Agricultural Land - Tax - Adjusting the Cost of Acquisition - Cost of Acquisition - Delhi HC dismisses Petition - Delhi High Court - taxscan

The Delhi High Court directed to seek statutory remedy on the allegation that the sale consideration of agricultural land was assessed to tax without adjusting the cost of acquisition. Om Parkash, the petitioner filed the second round of litigation. An assessment order dated 29.03.2023 has been passed. Mr Sultan Singh Khatri, who appeared on behalf…

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