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CIT's Section 263 Revision Confirms AO's Accurate Calculation of Short-Term Capital Gains on Land and Building Sale.

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....Revision u/s 263 by CIT - Capital gain computation - where the purchase of land & building and sale of land & building are covered under a single deed of purchase & sale, the calculation made by the ld. AO showing short term capital gain which has been valued in detail by the ld. AO, in our considered view, the order of the ld. AO is not prejudicial to the interests of the Revenue.- AT....

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CIT's Section 263 Revision Confirms AO's Accurate Calculation of Short-Term Capital Gains on Land and Building Sale.