2011 (2) TMI 1591

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....MBER For the Petitioner : Shri B. Srinivas For the Respondent : Shri N. Devanathan ORDER PER HARI OM MARATHA, JUDICIAL MEMBER: These miscellaneous petitions have been filed by the Revenue in respect of the Tribunal order dated 31.5.2010 in S.P.No.20/Mds/2010 & I.T.A.No. 327 & 328/Mds/2010, for assessment years 2003-04 and 2004-05. 2. The Revenue seeks the recall of the entire ord....

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....009 and not the taxability of capital gains. Hence, the assessee cannot claim any grievance against its own admission. 3. From the perusal of the assessment order it is seen that though the agreement for development of the property was entered into with builders during the F.Y.2000-01 the undivided share of land (USL) was transferred to the purchaser during the month of March 2003 and cap....