Capital gain on compulsory acquisition of property already sold to builder?

IN THE ITAT AGRA BENCH Deputy Commissioner of Income-tax versus Tej Singh IT APPEAL NO. 127 (AGRA) OF 2010 C.O. NO. 47 (AGRA) OF 2010 [ASSESSMENT YEAR 2005-06] MARCH 30, 2012 ORDER Bhavnesh Saini, Judicial Member The departmental appeal as well as the cross objection by the assessee are directed against the order of ld. CIT(A)-I, Agra dated 10.02.2010 for the assessment year 2005-06. The Revenue has raised two effective grounds of appeal, which read as under : “1.  That the CIT(A)-1, Agra has erred in law and on the facts of the case in deleting the addition of Rs. 26,3...