https://www.taxtmi.com/highlights?id=57264 Long Term Capital Gain - CIT(A) in holding that the land to the extent of 35% only is transferred whereas entire land has been transferred to the developers for which the assessee has received consideration of 65% of constructed area - we found that the revenue is raising a new issue at this stage. - now raising a ground for treating the transfer to the extent of 100% is neither justified on merits nor the same can be raised by the revenue at this stage. Accordingly, we dismiss this ground of appeal raised by the revenue - AT en-us Mon, 22 Mar 2021 13:05:57 +0530 Mon, 22 Mar 2021 13:05:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57264 Long Term Capital Gain - CIT(A) in holding that the land to the extent of 35% only is transferred whereas entire land has been transferred to the developers for which the assessee has received consideration of 65% of constructed area - we found that the revenue is raising a new issue at this stage. - now raising a ground for treating the transfer to the extent of 100% is neither justified on merits nor the same can be raised by the revenue at this stage. Accordingly, we dismiss this ground of appeal raised by the revenue - AT Highlights Income Tax Mon, 22 Mar 2021 13:05:57 +0530 https://www.taxtmi.com/highlights?id=57264