https://www.taxtmi.com/caselaws?id=364303 The tribunal upheld the computation of capital gains based on the total consideration of Rs. 18,31,00,000/- from a slump sale, rejecting the assessee's argument to segregate the amount based on the year of receipt. The tribunal also partially allowed the claim for expenditure incurred post slump sale, directing the Assessing Officer to allow Rs. 7,61,585/- out of the total claim of Rs. 10,41,749/-. The appeal was partly allowed, and the order was pronounced on 19th July 2018 in Chennai. en-us Thu, 19 Jul 2018 00:00:00 +0530 Fri, 24 Aug 2018 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364303 The tribunal upheld the computation of capital gains based on the total consideration of Rs. 18,31,00,000/- from a slump sale, rejecting the assessee's argument to segregate the amount based on the year of receipt. The tribunal also partially allowed the claim for expenditure incurred post slump sale, directing the Assessing Officer to allow Rs. 7,61,585/- out of the total claim of Rs. 10,41,749/-. The appeal was partly allowed, and the order was pronounced on 19th July 2018 in Chennai. Case-Laws Income Tax Thu, 19 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364303