https://www.taxtmi.com/caselaws?id=66163 The Tribunal partially allowed the Revenue's appeal by overturning the CIT(A)'s decision and sending the case back to the Assessing Officer for the recalibration of capital gains. The assessee's cross-objections were dismissed. The Assessing Officer was instructed to determine the market value of shares pre and post rights issue to calculate taxable capital gains. Failure to provide the required details would result in the full consideration of Rs. 63,600 being treated as capital gains. en-us Mon, 24 Sep 2001 00:00:00 +0530 Mon, 21 Feb 2011 18:30:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66163 The Tribunal partially allowed the Revenue's appeal by overturning the CIT(A)'s decision and sending the case back to the Assessing Officer for the recalibration of capital gains. The assessee's cross-objections were dismissed. The Assessing Officer was instructed to determine the market value of shares pre and post rights issue to calculate taxable capital gains. Failure to provide the required details would result in the full consideration of Rs. 63,600 being treated as capital gains. Case-Laws Income Tax Mon, 24 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66163