https://www.taxtmi.com/caselaws?id=267591 The High Court held that the acquisition of Transferable Development Rights (TDR) without any cost did not amount to capital gains. Citing legal precedents, the court emphasized that assets acquired without any cost would not be categorized as capital gains. The appeals were dismissed, and no costs were awarded in the case. en-us Fri, 24 Apr 2015 00:00:00 +0530 Mon, 09 Nov 2015 16:29:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267591 The High Court held that the acquisition of Transferable Development Rights (TDR) without any cost did not amount to capital gains. Citing legal precedents, the court emphasized that assets acquired without any cost would not be categorized as capital gains. The appeals were dismissed, and no costs were awarded in the case. Case-Laws Income Tax Fri, 24 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267591