https://www.taxtmi.com/caselaws?id=336217 The Tribunal partly allowed the assessee's appeals for both assessment years, upholding the validity of the reopening of assessments. The Tribunal directed the Assessing Officer to treat the capital gains as genuine, allowing exemptions claimed under section 54F. Additionally, the disallowance of commission and transfer fees was set aside, pending verification by the AO. en-us Wed, 14 Dec 2016 00:00:00 +0530 Sat, 17 Dec 2016 18:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336217 The Tribunal partly allowed the assessee's appeals for both assessment years, upholding the validity of the reopening of assessments. The Tribunal directed the Assessing Officer to treat the capital gains as genuine, allowing exemptions claimed under section 54F. Additionally, the disallowance of commission and transfer fees was set aside, pending verification by the AO. Case-Laws Income Tax Wed, 14 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336217