https://www.taxtmi.com/caselaws?id=356209 The Income Tax Appellate Tribunal (ITAT) upheld the decision of the Commissioner of Income Tax (Appeals) (CIT(A)) in treating the gains from the sale of "Race Course" and "Woodland Park" plots as long-term capital gains. The ITAT also corrected a duplication in the income from other sources. The appeal by the Assessing Officer was dismissed, and the cross-objection by the assessee was not pressed. The judgment was rendered on January 31, 2018. en-us Wed, 31 Jan 2018 00:00:00 +0530 Tue, 27 Feb 2018 07:12:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356209 The Income Tax Appellate Tribunal (ITAT) upheld the decision of the Commissioner of Income Tax (Appeals) (CIT(A)) in treating the gains from the sale of "Race Course" and "Woodland Park" plots as long-term capital gains. The ITAT also corrected a duplication in the income from other sources. The appeal by the Assessing Officer was dismissed, and the cross-objection by the assessee was not pressed. The judgment was rendered on January 31, 2018. Case-Laws Income Tax Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356209