https://www.taxtmi.com/caselaws?id=376124 The Tribunal allowed the appeal of the assessee for statistical purposes, highlighting the importance of assessing the conversion of capital assets into stock-in-trade and eligibility for exemption under Section 80-IB(10) based on lower authorities' findings. The Tribunal overturned the CIT(A)'s decision and remanded the matter to the AO for further review, focusing on the allocation of capital gains, construction costs, and the appellant's role in the housing project. en-us Wed, 12 Sep 2018 00:00:00 +0530 Sat, 02 Mar 2019 13:53:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376124 The Tribunal allowed the appeal of the assessee for statistical purposes, highlighting the importance of assessing the conversion of capital assets into stock-in-trade and eligibility for exemption under Section 80-IB(10) based on lower authorities' findings. The Tribunal overturned the CIT(A)'s decision and remanded the matter to the AO for further review, focusing on the allocation of capital gains, construction costs, and the appellant's role in the housing project. Case-Laws Income Tax Wed, 12 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376124