https://www.taxtmi.com/caselaws?id=269523 The High Court of Bombay upheld the decision of the Income Tax Appellate Tribunal regarding the taxation of receipts arising from the transfer of Transferable Development Rights, based on the lack of cost of acquisition of the TDR. The Court dismissed the appeal by the Revenue, stating that the questions raised did not present any substantial legal issues, in line with precedent. en-us Wed, 11 Mar 2015 00:00:00 +0530 Tue, 15 Dec 2015 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269523 The High Court of Bombay upheld the decision of the Income Tax Appellate Tribunal regarding the taxation of receipts arising from the transfer of Transferable Development Rights, based on the lack of cost of acquisition of the TDR. The Court dismissed the appeal by the Revenue, stating that the questions raised did not present any substantial legal issues, in line with precedent. Case-Laws Income Tax Wed, 11 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269523