https://www.taxtmi.com/caselaws?id=238897 The Tribunal upheld the validity of the notice issued under Section 148(2) for reopening the assessment but set aside the adoption of the cost of acquisition as on 01.04.1981 for computing capital gains. The matter was remanded back to the Assessing Officer for fresh examination, with instructions to consider additional evidence and provide the assessee an opportunity to be heard. en-us Fri, 12 Jul 2013 00:00:00 +0530 Sat, 02 Nov 2013 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238897 The Tribunal upheld the validity of the notice issued under Section 148(2) for reopening the assessment but set aside the adoption of the cost of acquisition as on 01.04.1981 for computing capital gains. The matter was remanded back to the Assessing Officer for fresh examination, with instructions to consider additional evidence and provide the assessee an opportunity to be heard. Case-Laws Income Tax Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238897