https://www.taxtmi.com/caselaws?id=233340 The Tribunal held that the revised return filed by the taxpayer, which included capital gain from the sale of agricultural land, was invalid as the original return was not filed under the specified sections. Despite this, the Tribunal directed the assessing officer to independently reevaluate the capital gain assessability issue and provide the taxpayer with a reasonable opportunity. The Tribunal modified the Administrative Commissioner's order, emphasizing the importance of a thorough examination and compliance with the law in assessing tax liabilities. en-us Fri, 12 Apr 2013 00:00:00 +0530 Thu, 17 Oct 2013 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233340 The Tribunal held that the revised return filed by the taxpayer, which included capital gain from the sale of agricultural land, was invalid as the original return was not filed under the specified sections. Despite this, the Tribunal directed the assessing officer to independently reevaluate the capital gain assessability issue and provide the taxpayer with a reasonable opportunity. The Tribunal modified the Administrative Commissioner's order, emphasizing the importance of a thorough examination and compliance with the law in assessing tax liabilities. Case-Laws Income Tax Fri, 12 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233340