https://www.taxtmi.com/caselaws?id=61764 The Tribunal upheld the decisions of the ITO and AAC, determining that the full value of the consideration for the property transfer was Rs. 83,700, and the cost of improvement was Rs. 20,000. The Tribunal rejected the assessee's argument regarding the doctrine of diversion by overriding title and confirmed that the interest received from the bank was correctly added to the assessee's income. en-us Tue, 18 Dec 1984 00:00:00 +0530 Fri, 14 Jan 2011 17:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61764 The Tribunal upheld the decisions of the ITO and AAC, determining that the full value of the consideration for the property transfer was Rs. 83,700, and the cost of improvement was Rs. 20,000. The Tribunal rejected the assessee's argument regarding the doctrine of diversion by overriding title and confirmed that the interest received from the bank was correctly added to the assessee's income. Case-Laws Income Tax Tue, 18 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61764