Rajasthan H.C : Where assessee having purchased agricultural land, converted same into non agricultural land and sold same within a short span of time on regular basis to companies in which he was a director, income earned by assessee from said activity was taxable as ‘business income’
High Court Of Rajasthan Vimal Singhvi Vs. ACIT, Circle-2, Jaipur Assessment Year : 2008-09 Section 2(14),28(i), 45, 145 Ajay Rastogi […]