https://www.taxtmi.com/caselaws?id=339090 The Tribunal allowed the appeal regarding the taxability of capital gains, directing the AO to delete the addition for AY 2010-11 as the sale was completed in AY 2012-13. The issues concerning the classification of rental income were dismissed due to a lack of arguments. The Tribunal's decision was based on a detailed analysis of the facts, legal precedents, and the intention of the parties involved in the transaction. Both appeals were partly allowed, with the primary relief granted on the capital gains issue. en-us Wed, 15 Feb 2017 00:00:00 +0530 Wed, 10 May 2017 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339090 The Tribunal allowed the appeal regarding the taxability of capital gains, directing the AO to delete the addition for AY 2010-11 as the sale was completed in AY 2012-13. The issues concerning the classification of rental income were dismissed due to a lack of arguments. The Tribunal's decision was based on a detailed analysis of the facts, legal precedents, and the intention of the parties involved in the transaction. Both appeals were partly allowed, with the primary relief granted on the capital gains issue. Case-Laws Income Tax Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339090