https://www.taxtmi.com/caselaws?id=196545 The Tribunal upheld the decision of Ld. CIT(A) to allow the deduction of Rs. 31,32,000 from the full value of consideration, emphasizing the contractual obligations established in the agreement between the builder and the landowner. The judgment highlighted the importance of considering actual receipts in computing capital gains and reiterated the significance of honoring contractual rights in such matters. en-us Wed, 26 Nov 2014 00:00:00 +0530 Tue, 05 Dec 2017 22:03:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196545 The Tribunal upheld the decision of Ld. CIT(A) to allow the deduction of Rs. 31,32,000 from the full value of consideration, emphasizing the contractual obligations established in the agreement between the builder and the landowner. The judgment highlighted the importance of considering actual receipts in computing capital gains and reiterated the significance of honoring contractual rights in such matters. Case-Laws Income Tax Wed, 26 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196545