https://www.taxtmi.com/caselaws?id=347071 The Tribunal upheld the validity of the order under Section 147/143(3) of the Income Tax Act, rejected the Assessee's claim that the property transfer was a gift instead of a sale, and affirmed the computation of Long Term Capital Gains under Section 50C. The Assessee's appeal was dismissed, and the order of the CIT(A) was upheld. en-us Tue, 08 Aug 2017 00:00:00 +0530 Mon, 28 Aug 2017 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347071 The Tribunal upheld the validity of the order under Section 147/143(3) of the Income Tax Act, rejected the Assessee's claim that the property transfer was a gift instead of a sale, and affirmed the computation of Long Term Capital Gains under Section 50C. The Assessee's appeal was dismissed, and the order of the CIT(A) was upheld. Case-Laws Income Tax Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347071