2013 (1) TMI 812

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sideration. Whether on the facts and in the circumstances of the case and in law, the Income Tax Appellate Tribunal did not err in not treating the transaction of sale of land as an adventure in the nature of trade and instead in treating the profit earned on such sale as taxable under the head capital gain 2 The basic dispute which arises in this case is whether the income arising on th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X