https://www.taxtmi.com/caselaws?id=177057 The Tribunal consolidated cross-appeals for A.Y. 2002-03, 2004-05, and 2006-07 on penalties under section 271(1)(c) and Long Term Capital Gains. Relying on similarities with prior cases, the Tribunal dismissed appeals by both the assessee and the Revenue across all years. The joint order issued on 12th December 2014 upheld consistent legal principles and interpretations, leading to the rejection of penalties and affirming decisions regarding Long Term Capital Gains treated as income from other sources post surveys under section 133A. en-us Fri, 12 Dec 2014 00:00:00 +0530 Sat, 02 Jan 2016 10:13:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177057 The Tribunal consolidated cross-appeals for A.Y. 2002-03, 2004-05, and 2006-07 on penalties under section 271(1)(c) and Long Term Capital Gains. Relying on similarities with prior cases, the Tribunal dismissed appeals by both the assessee and the Revenue across all years. The joint order issued on 12th December 2014 upheld consistent legal principles and interpretations, leading to the rejection of penalties and affirming decisions regarding Long Term Capital Gains treated as income from other sources post surveys under section 133A. Case-Laws Income Tax Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177057