{"id":5751,"date":"2026-05-04T00:39:31","date_gmt":"2026-05-04T00:39:31","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5751"},"modified":"2026-05-04T00:39:33","modified_gmt":"2026-05-04T00:39:33","slug":"income-tax-hc-rajasthan-judgement-dated-13-04-2026-agricultural-land-outside-municipal-limits-not-a-capital-asset","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/05\/04\/income-tax-hc-rajasthan-judgement-dated-13-04-2026-agricultural-land-outside-municipal-limits-not-a-capital-asset\/","title":{"rendered":"Income Tax, HC Rajasthan Judgement Dated 13\/04\/2026 &#8211;  Agricultural Land outside Municipal Limits not a Capital Asset"},"content":{"rendered":"\n<p>\u00a0<em>Case of Superb Infotech Pvt Ltd vs DCIT, HC Rajasthan Judgement Dated 13<sup>th<\/sup>\u00a0April 2026.<\/em>\u00a0HC held that profit from sale of rural agricultural land was not taxable under either capital gains or business income. The proceedings under Section 153C were invalid for lack of incriminating material. The impugned assessment orders were quashed.<\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1mDSaaHgGgytar5s6a04HSwsZsP259581\/view?usp=sharing\"><em>(Link: HC Rajasthan Judgement Dated 13\/04\/2026)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Case of Superb Infotech Pvt Ltd vs DCIT, HC Rajasthan Judgement Dated 13th\u00a0April 2026.\u00a0HC held that profit from sale of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[8,15],"tags":[],"class_list":["post-5751","post","type-post","status-publish","format-standard","hentry","category-income-tax","category-judiciary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Income Tax, HC Rajasthan Judgement Dated 13\/04\/2026 - Agricultural Land outside Municipal Limits not a Capital Asset - Bhatia Bhola &amp; 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