https://www.taxtmi.com/caselaws?id=238139 The Tribunal set aside the determination of whether the land qualified as a capital asset to the AO for re-examination, directing consideration of the Supreme Court guidelines. The issues concerning the cost of improvement, deduction under Section 54F, and interest charges were also remanded for fresh adjudication. The appeal was partly allowed for statistical purposes, with the AO instructed to reassess the primary and related matters. The order was issued on 24/05/2013. en-us Fri, 24 May 2013 00:00:00 +0530 Sat, 05 Sep 2026 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238139 The Tribunal set aside the determination of whether the land qualified as a capital asset to the AO for re-examination, directing consideration of the Supreme Court guidelines. The issues concerning the cost of improvement, deduction under Section 54F, and interest charges were also remanded for fresh adjudication. The appeal was partly allowed for statistical purposes, with the AO instructed to reassess the primary and related matters. The order was issued on 24/05/2013. Case-Laws Income Tax Fri, 24 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238139