https://www.taxtmi.com/caselaws?id=308181 The High Court dismissed three appeals concerning the interpretation of the accounting method for the sale of Transfer of Development Rights (TDR) and compensation amount, as well as the taxability of profit from the sale of TDR and cash compensation. The Court held that the issues raised had already been settled in a previous decision and therefore the additions made in the assessment years 2000-2001, 2001-2002, and 2002-2003 were not sustainable. Consequently, the appeals were dismissed with no order as to costs. en-us Wed, 23 Jan 2013 00:00:00 +0530 Tue, 06 Jun 2023 10:39:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308181 The High Court dismissed three appeals concerning the interpretation of the accounting method for the sale of Transfer of Development Rights (TDR) and compensation amount, as well as the taxability of profit from the sale of TDR and cash compensation. The Court held that the issues raised had already been settled in a previous decision and therefore the additions made in the assessment years 2000-2001, 2001-2002, and 2002-2003 were not sustainable. Consequently, the appeals were dismissed with no order as to costs. Case-Laws Income Tax Wed, 23 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308181