https://www.taxtmi.com/caselaws?id=256622 The Tribunal allowed the appeal, ruling that additions made for capital gain were unjustified as Section 50 and Section 50A did not apply to the sale of the depreciable asset. The Tribunal emphasized that the sale should be taxed solely under "Capital Gain," deleting the additions related to capital gain. en-us Fri, 03 Jan 2014 00:00:00 +0530 Wed, 27 Jan 2016 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256622 The Tribunal allowed the appeal, ruling that additions made for capital gain were unjustified as Section 50 and Section 50A did not apply to the sale of the depreciable asset. The Tribunal emphasized that the sale should be taxed solely under "Capital Gain," deleting the additions related to capital gain. Case-Laws Income Tax Fri, 03 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256622