https://www.taxtmi.com/caselaws?id=268463 The tribunal allowed the appeal by deleting the addition of Rs. 76,57,948 towards long-term capital gains as the property was owned by a partnership firm and the capital gains were declared and taxes paid by the firm. The issue of taxation of notional income from house property amounting to Rs. 1,80,000 was remanded back to the assessing officer for re-evaluation based on evidence. The order was pronounced on September 28, 2015. en-us Mon, 28 Sep 2015 00:00:00 +0530 Thu, 26 Nov 2015 06:52:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268463 The tribunal allowed the appeal by deleting the addition of Rs. 76,57,948 towards long-term capital gains as the property was owned by a partnership firm and the capital gains were declared and taxes paid by the firm. The issue of taxation of notional income from house property amounting to Rs. 1,80,000 was remanded back to the assessing officer for re-evaluation based on evidence. The order was pronounced on September 28, 2015. Case-Laws Income Tax Mon, 28 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268463