https://www.taxtmi.com/caselaws?id=412356 The Tribunal partially allowed the appeal by deleting the addition under section 56(2)(vii)(b) of the Income Tax Act due to the 10% margin difference rule. However, it upheld the disallowance of deductions for development charges and bank interest while calculating long-term capital gain. The interest charged under sections 234A, 234B, and 234C was considered consequential and not separately adjudicated. en-us Tue, 14 Sep 2021 00:00:00 +0530 Wed, 27 May 2026 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412356 The Tribunal partially allowed the appeal by deleting the addition under section 56(2)(vii)(b) of the Income Tax Act due to the 10% margin difference rule. However, it upheld the disallowance of deductions for development charges and bank interest while calculating long-term capital gain. The interest charged under sections 234A, 234B, and 234C was considered consequential and not separately adjudicated. Case-Laws Income Tax Tue, 14 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412356