https://www.taxtmi.com/caselaws?id=237175 The tribunal upheld the reopening of the assessment, taxability of capital gains on full consideration, and denial of deduction under Section 54F. The only ground partially allowed was the valuation of flats, set at Rs. 4,500 per sq. ft. The decision relied on legal precedents and terms of the Joint Development Agreement and Power of Attorney. en-us Wed, 31 Jul 2013 00:00:00 +0530 Fri, 20 Sep 2013 09:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237175 The tribunal upheld the reopening of the assessment, taxability of capital gains on full consideration, and denial of deduction under Section 54F. The only ground partially allowed was the valuation of flats, set at Rs. 4,500 per sq. ft. The decision relied on legal precedents and terms of the Joint Development Agreement and Power of Attorney. Case-Laws Income Tax Wed, 31 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237175