https://www.taxtmi.com/caselaws?id=241328 The Tribunal allowed the appeal for statistical purposes, remitting the matter back to the Assessing Officer for fresh consideration. The case involved disputes over the taxability of capital gains from indirect share transfers and liability under section 195 of the Act. The Assessing Officer's decisions were overturned by the CIT(A) based on additional evidence provided by the assessee. The Tribunal emphasized the importance of allowing the assessee a reasonable opportunity to present fresh evidence and be heard in the reassessment process. en-us Fri, 15 Mar 2013 00:00:00 +0530 Sat, 21 Dec 2013 08:42:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241328 The Tribunal allowed the appeal for statistical purposes, remitting the matter back to the Assessing Officer for fresh consideration. The case involved disputes over the taxability of capital gains from indirect share transfers and liability under section 195 of the Act. The Assessing Officer's decisions were overturned by the CIT(A) based on additional evidence provided by the assessee. The Tribunal emphasized the importance of allowing the assessee a reasonable opportunity to present fresh evidence and be heard in the reassessment process. Case-Laws Income Tax Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241328