https://www.taxtmi.com/caselaws?id=397045 The Tribunal ruled in favor of the assessee, determining that the amount of Rs. 25,00,000 received could not be taxed as capital gains due to the absence of cost of acquisition and the nature of the receipt as consideration for not interfering with the possession of the property. The appeal was allowed, and the addition made by the Assessing Officer was set aside. en-us Mon, 27 Jul 2020 00:00:00 +0530 Tue, 22 Sep 2020 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397045 The Tribunal ruled in favor of the assessee, determining that the amount of Rs. 25,00,000 received could not be taxed as capital gains due to the absence of cost of acquisition and the nature of the receipt as consideration for not interfering with the possession of the property. The appeal was allowed, and the addition made by the Assessing Officer was set aside. Case-Laws Income Tax Mon, 27 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397045