https://www.taxtmi.com/highlights?id=33473 Second round of litigation - Once Assessing Officer holds that the sale gives rise to taxability u/s 48 as long term capital gains, the matter ends there. It was no longer open to him to examine the details about cost of acquisition and cost of improvement which were examined and accepted in the first round. - AT en-us Tue, 28 Feb 2017 11:42:56 +0530 Tue, 28 Feb 2017 11:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33473 Second round of litigation - Once Assessing Officer holds that the sale gives rise to taxability u/s 48 as long term capital gains, the matter ends there. It was no longer open to him to examine the details about cost of acquisition and cost of improvement which were examined and accepted in the first round. - AT Highlights Income Tax Tue, 28 Feb 2017 11:42:56 +0530 https://www.taxtmi.com/highlights?id=33473