https://www.taxtmi.com/caselaws?id=336497 The Tribunal allowed the Assessee's appeal for statistical purposes, directing the Assessing Officer to re-examine the assessment of Long Term Capital Gains on the transfer of immovable property for the assessment year 2009-10. The Tribunal found merit in the Assessee's claim of coercion in signing the sale deed and lack of evidence regarding the transaction. The matter was restored to the AO for further verification, emphasizing the importance of a fair investigation process. Other grounds of appeal were dismissed as the focus shifted to re-evaluating the capital gains issue. en-us Wed, 26 Oct 2016 00:00:00 +0530 Thu, 22 Dec 2016 15:31:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336497 The Tribunal allowed the Assessee's appeal for statistical purposes, directing the Assessing Officer to re-examine the assessment of Long Term Capital Gains on the transfer of immovable property for the assessment year 2009-10. The Tribunal found merit in the Assessee's claim of coercion in signing the sale deed and lack of evidence regarding the transaction. The matter was restored to the AO for further verification, emphasizing the importance of a fair investigation process. Other grounds of appeal were dismissed as the focus shifted to re-evaluating the capital gains issue. Case-Laws Income Tax Wed, 26 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336497