https://www.taxtmi.com/caselaws?id=56184 The Appellate Tribunal ITAT Ahmedabad-C upheld the taxation of capital gains in the hands of the HUF and its individual members post land acquisition. The Tribunal rejected the exclusion of solatium from compensation for computing capital gains, emphasizing its role in property transfer. The Tribunal dismissed the appeals, affirming the tax liability and the inclusion of solatium in the computation of capital gains. en-us Thu, 23 Jan 1986 00:00:00 +0530 Thu, 02 Dec 2010 11:33:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56184 The Appellate Tribunal ITAT Ahmedabad-C upheld the taxation of capital gains in the hands of the HUF and its individual members post land acquisition. The Tribunal rejected the exclusion of solatium from compensation for computing capital gains, emphasizing its role in property transfer. The Tribunal dismissed the appeals, affirming the tax liability and the inclusion of solatium in the computation of capital gains. Case-Laws Income Tax Thu, 23 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56184