https://www.taxtmi.com/caselaws?id=300168 The Tribunal upheld the classification of income from land sale as capital gains, rejected the addition for suppressed sale consideration, dismissed the disallowance under section 40(a)(ia) due to the capital gains classification, and remitted the disallowance of expenditure on the compound wall for further examination by the AO. en-us Fri, 05 Sep 2014 00:00:00 +0530 Fri, 14 Jan 2022 20:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300168 The Tribunal upheld the classification of income from land sale as capital gains, rejected the addition for suppressed sale consideration, dismissed the disallowance under section 40(a)(ia) due to the capital gains classification, and remitted the disallowance of expenditure on the compound wall for further examination by the AO. Case-Laws Income Tax Fri, 05 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300168