https://www.taxtmi.com/caselaws?id=255410 The ITAT's judgment provided relief to the assessee by considering the circle rate at the time of the agreement to sell for computing capital gains on the transfer of land. It allowed prior period expenses settled during the business course, remitted the Section 14A disallowance issue back to the AO, and directed a fresh adjudication on the taxability of remission of loan liability based on loan utilization. The ITAT upheld the deletion of addition for belated payments of employees' PF contributions. en-us Fri, 09 Jan 2015 00:00:00 +0530 Fri, 16 Jan 2015 08:14:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255410 The ITAT's judgment provided relief to the assessee by considering the circle rate at the time of the agreement to sell for computing capital gains on the transfer of land. It allowed prior period expenses settled during the business course, remitted the Section 14A disallowance issue back to the AO, and directed a fresh adjudication on the taxability of remission of loan liability based on loan utilization. The ITAT upheld the deletion of addition for belated payments of employees' PF contributions. Case-Laws Income Tax Fri, 09 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255410