https://www.taxtmi.com/caselaws?id=219669 The Tribunal ruled in favor of the assessees, holding that only the initial consideration of Rs.2.70 crores should be considered for computing capital gains from the sale of shares. The Tribunal emphasized that the deferred consideration was uncertain and contingent on future financial performance, making it ineligible for inclusion in the capital gains computation. The Tribunal rejected the CIT's revision under section 263, reinstating the assessment orders passed by the AO under section 143(3). en-us Wed, 06 Jun 2012 00:00:00 +0530 Sat, 15 Dec 2012 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219669 The Tribunal ruled in favor of the assessees, holding that only the initial consideration of Rs.2.70 crores should be considered for computing capital gains from the sale of shares. The Tribunal emphasized that the deferred consideration was uncertain and contingent on future financial performance, making it ineligible for inclusion in the capital gains computation. The Tribunal rejected the CIT's revision under section 263, reinstating the assessment orders passed by the AO under section 143(3). Case-Laws Income Tax Wed, 06 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219669