https://www.taxtmi.com/caselaws?id=151743 The Tribunal allowed the assessee's appeal, ruling that the land had no cost of acquisition and therefore was not subject to capital gains tax. The Tribunal also rejected the Revenue's appeal challenging the valuation of the land as of April 1, 1981, based on the Government-approved valuer's report. Ultimately, the Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal. en-us Wed, 22 Aug 2007 00:00:00 +0530 Sat, 15 Jun 2013 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151743 The Tribunal allowed the assessee's appeal, ruling that the land had no cost of acquisition and therefore was not subject to capital gains tax. The Tribunal also rejected the Revenue's appeal challenging the valuation of the land as of April 1, 1981, based on the Government-approved valuer's report. Ultimately, the Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal. Case-Laws Income Tax Wed, 22 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151743