https://www.taxtmi.com/caselaws?id=275686 The Tribunal ruled that the profit from the sale of land at Badlapur should be treated as long-term capital gains (LTCG) rather than business income. However, the disallowance of Rs. 15 lakhs incurred for the transfer of property was upheld due to the lack of evidence. The appeal of the assessee was allowed in part. en-us Wed, 25 May 2016 00:00:00 +0530 Fri, 12 Oct 2018 17:13:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275686 The Tribunal ruled that the profit from the sale of land at Badlapur should be treated as long-term capital gains (LTCG) rather than business income. However, the disallowance of Rs. 15 lakhs incurred for the transfer of property was upheld due to the lack of evidence. The appeal of the assessee was allowed in part. Case-Laws Income Tax Wed, 25 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275686