https://www.taxtmi.com/caselaws?id=187734 The Tribunal allowed the Revenue's appeal, setting aside the CIT(A)'s decisions on capital gains loss and exemption u/s 54F. It emphasized the need for thorough verification of claims before allowing them, remanding the matters to the AO for proper consideration. The Tribunal highlighted the importance of factual correctness over legal soundness in decisions, ensuring fair treatment for the assessee. en-us Wed, 04 Sep 2013 00:00:00 +0530 Mon, 28 Nov 2016 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187734 The Tribunal allowed the Revenue's appeal, setting aside the CIT(A)'s decisions on capital gains loss and exemption u/s 54F. It emphasized the need for thorough verification of claims before allowing them, remanding the matters to the AO for proper consideration. The Tribunal highlighted the importance of factual correctness over legal soundness in decisions, ensuring fair treatment for the assessee. Case-Laws Income Tax Wed, 04 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187734