https://www.taxtmi.com/caselaws?id=293671 The Tribunal partially allowed the appeal, directing the Assessing Officer to re-compute the taxable capital gain based on a revised share of the appellant in the sale consideration. The decision considered factors such as claimed curtailment of land, comparable rates at the time of sale, and deficiencies in the property, resulting in a reduction of the deemed sale consideration and a revised computation of taxable capital gain for the appellant. en-us Wed, 26 Apr 2017 00:00:00 +0530 Wed, 24 Feb 2021 09:40:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293671 The Tribunal partially allowed the appeal, directing the Assessing Officer to re-compute the taxable capital gain based on a revised share of the appellant in the sale consideration. The decision considered factors such as claimed curtailment of land, comparable rates at the time of sale, and deficiencies in the property, resulting in a reduction of the deemed sale consideration and a revised computation of taxable capital gain for the appellant. Case-Laws Income Tax Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293671