https://www.taxtmi.com/caselaws?id=211074 The Tribunal upheld the CIT(A)'s findings in three appeals concerning additions based on stamp duty valuation under Section 50C of the Income Tax Act, unexplained capital introduction, and long-term capital loss. The assessees failed to prove that the fair market value was lower than the stamp duty valuation, did not provide evidence for the unexplained capital introduction, and did not contest the recalculated long-term capital loss. Consequently, the Tribunal dismissed all three appeals. en-us Thu, 26 May 2011 00:00:00 +0530 Sat, 03 Mar 2012 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211074 The Tribunal upheld the CIT(A)'s findings in three appeals concerning additions based on stamp duty valuation under Section 50C of the Income Tax Act, unexplained capital introduction, and long-term capital loss. The assessees failed to prove that the fair market value was lower than the stamp duty valuation, did not provide evidence for the unexplained capital introduction, and did not contest the recalculated long-term capital loss. Consequently, the Tribunal dismissed all three appeals. Case-Laws Income Tax Thu, 26 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211074