https://www.taxtmi.com/caselaws?id=264288 The Tribunal upheld the validity of proceedings under Sections 153A and 153C of the Income Tax Act following search and seizure operations. Capital gains were treated as Long Term Capital Gains in AY 2004-05. The Tribunal adjusted estimations of unrecorded hospital receipts, deleted double additions of income, and accepted declared agricultural income. The Revenue's appeals against the deletion of additions were dismissed. Appeals for AY 2003-04 were allowed, while appeals for AYs 2004-05, 2005-06, and 2006-07 were partly allowed. The Revenue's appeals in ITA Nos. 1717, 1718, and 1719/Hyd/2011 were dismissed. en-us Fri, 28 Aug 2015 00:00:00 +0530 Tue, 22 Sep 2015 06:54:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264288 The Tribunal upheld the validity of proceedings under Sections 153A and 153C of the Income Tax Act following search and seizure operations. Capital gains were treated as Long Term Capital Gains in AY 2004-05. The Tribunal adjusted estimations of unrecorded hospital receipts, deleted double additions of income, and accepted declared agricultural income. The Revenue's appeals against the deletion of additions were dismissed. Appeals for AY 2003-04 were allowed, while appeals for AYs 2004-05, 2005-06, and 2006-07 were partly allowed. The Revenue's appeals in ITA Nos. 1717, 1718, and 1719/Hyd/2011 were dismissed. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264288