https://www.taxtmi.com/caselaws?id=57264 The Tribunal allowed the appeal in part for both the assessee and the revenue. The assessment under section 144 was set aside, and the capital gains were to be computed based on a sale price of Rs. 22 lakhs per acre (Rs. 454 per sq. yard). The Tribunal upheld the rejection of the sale consideration shown in the sale deeds but adjusted the rate based on credible evidence. en-us Wed, 22 Feb 2006 00:00:00 +0530 Thu, 09 Dec 2010 11:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57264 The Tribunal allowed the appeal in part for both the assessee and the revenue. The assessment under section 144 was set aside, and the capital gains were to be computed based on a sale price of Rs. 22 lakhs per acre (Rs. 454 per sq. yard). The Tribunal upheld the rejection of the sale consideration shown in the sale deeds but adjusted the rate based on credible evidence. Case-Laws Income Tax Wed, 22 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57264