https://www.taxtmi.com/caselaws?id=418032 The Tribunal held that an "Agreement to Sell" did not result in the transfer of the property, overturning the A.O.'s decision. The Tribunal concluded that the computation of capital gain made by the A.O. for the assessment year 2011-12 was incorrect and upheld the assessee's computation. As a result, the Tribunal allowed both appeals of the assessee, setting aside the orders of the lower authorities regarding the computation of capital gain for both years. en-us Wed, 02 Feb 2022 00:00:00 +0530 Sat, 05 Feb 2022 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418032 The Tribunal held that an "Agreement to Sell" did not result in the transfer of the property, overturning the A.O.'s decision. The Tribunal concluded that the computation of capital gain made by the A.O. for the assessment year 2011-12 was incorrect and upheld the assessee's computation. As a result, the Tribunal allowed both appeals of the assessee, setting aside the orders of the lower authorities regarding the computation of capital gain for both years. Case-Laws Income Tax Wed, 02 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418032