https://www.taxtmi.com/caselaws?id=410095 The tribunal condoned the delays in filing appeals by six assessees due to reasons beyond their control. In the dispute over the valuation of property for capital gains computation, the tribunal upheld the CIT(A)'s decision based on the Development Agreement and statutory amendments. Regarding the disallowance of a cost of acquisition claim, the tribunal directed the assessees to provide evidence justifying the additional payments made. The tribunal dismissed the Revenue's appeals and allowed the assessees' appeals for statistical purposes, demonstrating a thorough and fair assessment of the legal issues presented. en-us Thu, 15 Jul 2021 00:00:00 +0530 Fri, 23 Jul 2021 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410095 The tribunal condoned the delays in filing appeals by six assessees due to reasons beyond their control. In the dispute over the valuation of property for capital gains computation, the tribunal upheld the CIT(A)'s decision based on the Development Agreement and statutory amendments. Regarding the disallowance of a cost of acquisition claim, the tribunal directed the assessees to provide evidence justifying the additional payments made. The tribunal dismissed the Revenue's appeals and allowed the assessees' appeals for statistical purposes, demonstrating a thorough and fair assessment of the legal issues presented. Case-Laws Income Tax Thu, 15 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410095