https://www.taxtmi.com/caselaws?id=265647 The Tribunal allowed the appeal, condoning the delay in filing due to technical reasons beyond the assessee's control. Regarding the computation of long-term capital gains, the Tribunal remanded the matter to the CIT(A) for a fresh decision, emphasizing the need for a detailed analysis and proper reasoning. The Tribunal found the CIT(A)'s order lacking in reasoning and compliance with legal requirements, setting it aside and stressing the importance of a well-reasoned order for fairness and transparency. en-us Fri, 18 Jul 2014 00:00:00 +0530 Tue, 13 Oct 2015 21:53:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265647 The Tribunal allowed the appeal, condoning the delay in filing due to technical reasons beyond the assessee's control. Regarding the computation of long-term capital gains, the Tribunal remanded the matter to the CIT(A) for a fresh decision, emphasizing the need for a detailed analysis and proper reasoning. The Tribunal found the CIT(A)'s order lacking in reasoning and compliance with legal requirements, setting it aside and stressing the importance of a well-reasoned order for fairness and transparency. Case-Laws Income Tax Fri, 18 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265647