https://www.taxtmi.com/caselaws?id=190615 The High Court of Delhi dismissed the revenue's appeal regarding the classification of the sale of an industrial shed by the assessee as a short-term or long-term capital gain for the assessment year 2001-02. The court held that even if the Tribunal's decision was incorrect, it would not set a general precedent and did not raise a substantial question of law. The minimal tax effect, below the limit set by the Central Board of Direct Taxes, led to the dismissal of the appeal. en-us Mon, 13 Aug 2007 00:00:00 +0530 Mon, 20 Feb 2017 17:51:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190615 The High Court of Delhi dismissed the revenue's appeal regarding the classification of the sale of an industrial shed by the assessee as a short-term or long-term capital gain for the assessment year 2001-02. The court held that even if the Tribunal's decision was incorrect, it would not set a general precedent and did not raise a substantial question of law. The minimal tax effect, below the limit set by the Central Board of Direct Taxes, led to the dismissal of the appeal. Case-Laws Income Tax Mon, 13 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190615