https://www.taxtmi.com/caselaws?id=242381 The tribunal upheld the assessing officer's decision regarding the assessment of capital gain, confirming that the property transfer occurred in the assessment year 2007-08. The tribunal also set aside the order on the disallowance of improvement costs, directing the CIT(A) to issue a notice of enhancement to the assessee and decide the matter in accordance with the law. The appeal was partly allowed for statistical purposes, emphasizing procedural compliance and correct application of the Income-tax Act provisions. en-us Fri, 10 Jan 2014 00:00:00 +0530 Tue, 14 Jan 2014 09:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242381 The tribunal upheld the assessing officer's decision regarding the assessment of capital gain, confirming that the property transfer occurred in the assessment year 2007-08. The tribunal also set aside the order on the disallowance of improvement costs, directing the CIT(A) to issue a notice of enhancement to the assessee and decide the matter in accordance with the law. The appeal was partly allowed for statistical purposes, emphasizing procedural compliance and correct application of the Income-tax Act provisions. Case-Laws Income Tax Fri, 10 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242381