https://www.taxtmi.com/caselaws?id=200776 The tribunal ruled in favor of the assessee, holding that the profit from the sale of land should be classified as Long Term Capital Gain (LTCG) for consistency with previous years. It emphasized the importance of uniform tax treatment and found no justification for the Assessing Officer's deviation from past practices. Consequently, the appeals filed by the assessee for all assessment years were allowed, reversing the First Appellate Authority's decision. en-us Tue, 27 Jan 2015 00:00:00 +0530 Mon, 23 Apr 2018 05:52:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200776 The tribunal ruled in favor of the assessee, holding that the profit from the sale of land should be classified as Long Term Capital Gain (LTCG) for consistency with previous years. It emphasized the importance of uniform tax treatment and found no justification for the Assessing Officer's deviation from past practices. Consequently, the appeals filed by the assessee for all assessment years were allowed, reversing the First Appellate Authority's decision. Case-Laws Income Tax Tue, 27 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200776