https://www.taxtmi.com/caselaws?id=244470 The Tribunal allowed the assessee's appeal concerning the assessment under section 143(3) of the Income Tax Act for the assessment year 2007-08. The case involved disputes over the consideration specified in the agreement, the legal implications of a rectification deed, and the treatment of a refundable deposit in computing capital gain. The Tribunal concluded that the consideration amount of Rs.18 lacs included the refundable deposit of Rs.15 lacs, leading to a favorable outcome for the assessee. en-us Fri, 14 Feb 2014 00:00:00 +0530 Thu, 27 Feb 2014 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244470 The Tribunal allowed the assessee's appeal concerning the assessment under section 143(3) of the Income Tax Act for the assessment year 2007-08. The case involved disputes over the consideration specified in the agreement, the legal implications of a rectification deed, and the treatment of a refundable deposit in computing capital gain. The Tribunal concluded that the consideration amount of Rs.18 lacs included the refundable deposit of Rs.15 lacs, leading to a favorable outcome for the assessee. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244470