Balkrishna P. Trivedi HUF vs CIT

Whether the assessee was eligible for deduction under Section 54B of the Income Tax Act 1961 for capital gains from sale of land claimed as agricultural land? --- Held No. Whether the assessee was eligible for deduction under Section 54EC of the Income Tax Act 1961 for investments in REC Bonds? --- Held Yes. Whether the capital gains from sale of land should be treated as long-term capital gain? --- Held Yes. Whether the CIT(A) erred in admitting additional evidence under Rule 46A of the Income Tax Rules? --- Held No.