https://www.taxtmi.com/caselaws?id=293421 The case involved issues such as deletion of addition on account of short-term capital gain, allowance of expenses towards levelling and developing cost, sharing ratio in the surplus on sale of capital asset, application of section 50C in property sale, and deletion of addition on account of undisclosed investment. The Court upheld the decisions of the CIT (A) in favor of the assessee, resulting in the dismissal of all appeals by both the department and the assessee. en-us Fri, 29 Nov 2013 00:00:00 +0530 Wed, 10 Feb 2021 17:48:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293421 The case involved issues such as deletion of addition on account of short-term capital gain, allowance of expenses towards levelling and developing cost, sharing ratio in the surplus on sale of capital asset, application of section 50C in property sale, and deletion of addition on account of undisclosed investment. The Court upheld the decisions of the CIT (A) in favor of the assessee, resulting in the dismissal of all appeals by both the department and the assessee. Case-Laws Income Tax Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293421