https://www.taxtmi.com/caselaws?id=217415 The Tribunal partly allowed the Revenue's appeal on the disallowance of loss on sale of assets, remitting the matter for further verification. The delay in filing appeals by both the assessee and the Revenue was condoned, with the cross objection by the assessee being dismissed as infructuous. The penalty under section 271(1)(c) was deleted, resulting in the dismissal of the Revenue's appeal. en-us Fri, 13 Jul 2012 00:00:00 +0530 Sat, 13 Oct 2012 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217415 The Tribunal partly allowed the Revenue's appeal on the disallowance of loss on sale of assets, remitting the matter for further verification. The delay in filing appeals by both the assessee and the Revenue was condoned, with the cross objection by the assessee being dismissed as infructuous. The penalty under section 271(1)(c) was deleted, resulting in the dismissal of the Revenue's appeal. Case-Laws Income Tax Fri, 13 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217415