Assessee couldn’t assail order of ITAT before HC on grounds which weren’t submitted before ITAT

INCOME TAX : Where assessee purchased land for construction of gala (industrial building) under an agreement and treated profit earned from sale of gala as business income on ground that said agreement was in respect of development rights; however, Tribunal treated said profit as short-term capital gains on ground that it was an outright purchase, same being question of fact, no substantial question of law arose from said order

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000191938/assessee-couldn’t-assail-order-of-itat-before-hc-on-grounds-which-weren’t-submitted-before-itat.aspx