https://www.taxtmi.com/caselaws?id=235778 The Appellate Tribunal ITAT Hyderabad allowed three appeals by different assessees against the orders of CIT(A) for the assessment year 2002-03, involving capital gains determination. The Tribunal set aside the CIT(A)'s decision, disagreeing on the assessable year for capital gains and highlighting the importance of accurately determining the taxable year based on the development agreement terms. The appeals were allowed on 31st May 2013, emphasizing the correct assessment of capital gains based on specific legal principles. en-us Fri, 31 May 2013 00:00:00 +0530 Sat, 03 Aug 2013 08:10:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235778 The Appellate Tribunal ITAT Hyderabad allowed three appeals by different assessees against the orders of CIT(A) for the assessment year 2002-03, involving capital gains determination. The Tribunal set aside the CIT(A)'s decision, disagreeing on the assessable year for capital gains and highlighting the importance of accurately determining the taxable year based on the development agreement terms. The appeals were allowed on 31st May 2013, emphasizing the correct assessment of capital gains based on specific legal principles. Case-Laws Income Tax Fri, 31 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235778