https://www.taxtmi.com/caselaws?id=761109 Bombay HC set aside ITAT order regarding LTCG transfer date determination. ITAT incorrectly adjudicated on whether transfer occurred on 04 November 2004 per tripartite agreement, despite this issue not being raised by Revenue. Revenue's actual grounds concerned whether tenancy rights converted to ownership rights per consent decree dated 28 May 1999 or on 22 February 2007 when Deed of Confirmation was registered. HC held ITAT committed legal error by deciding unraised issues while ignoring specific grounds presented. Matter remanded to ITAT for fresh adjudication on actual grounds raised. en-us Tue, 15 Oct 2024 00:00:00 +0530 Tue, 05 Nov 2024 07:38:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761109 Bombay HC set aside ITAT order regarding LTCG transfer date determination. ITAT incorrectly adjudicated on whether transfer occurred on 04 November 2004 per tripartite agreement, despite this issue not being raised by Revenue. Revenue's actual grounds concerned whether tenancy rights converted to ownership rights per consent decree dated 28 May 1999 or on 22 February 2007 when Deed of Confirmation was registered. HC held ITAT committed legal error by deciding unraised issues while ignoring specific grounds presented. Matter remanded to ITAT for fresh adjudication on actual grounds raised. Case-Laws Income Tax Tue, 15 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761109