https://www.taxtmi.com/highlights?id=64534 LTCG - year of taxability on transfer of development rights in a plot of land - Year of Chargeability - CIT(A) held that capital gain is taxable in AY 2012-13 rather than in AY 2009-10 - the capital asset of the assessee cannot be treated as transferred u/s 2(47)(4) of the Act read with section 53A of the Transfer of Property Act in assessment year 2009-10. We do not find any error in the finding of the Ld. CIT(A) on the issue in dispute - AT en-us Sat, 09 Jul 2022 08:02:43 +0530 Sat, 09 Jul 2022 08:02:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64534 LTCG - year of taxability on transfer of development rights in a plot of land - Year of Chargeability - CIT(A) held that capital gain is taxable in AY 2012-13 rather than in AY 2009-10 - the capital asset of the assessee cannot be treated as transferred u/s 2(47)(4) of the Act read with section 53A of the Transfer of Property Act in assessment year 2009-10. We do not find any error in the finding of the Ld. CIT(A) on the issue in dispute - AT Highlights Income Tax Sat, 09 Jul 2022 08:02:43 +0530 https://www.taxtmi.com/highlights?id=64534