https://www.taxtmi.com/caselaws?id=180410 The Court allowed the appeals, setting aside the impugned orders and directing the matter to go back to the Assessing Officer for tax assessment on capital gains. The Court found that the assessees should be taxed only for capital gains, similar to other family members in comparable situations, rather than as undisclosed income. en-us Wed, 05 Mar 2008 00:00:00 +0530 Wed, 23 Mar 2016 11:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180410 The Court allowed the appeals, setting aside the impugned orders and directing the matter to go back to the Assessing Officer for tax assessment on capital gains. The Court found that the assessees should be taxed only for capital gains, similar to other family members in comparable situations, rather than as undisclosed income. Case-Laws Income Tax Wed, 05 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180410