https://www.taxtmi.com/caselaws?id=349163 The ITAT allowed the assessee's appeal for statistical purposes, emphasizing the need for a thorough investigation and compliance with legal requirements in assessing capital gains from the land transfer. The case was remanded to the AO for a fresh assessment, directing consideration of all legal heirs, investigation of related assessments, and determination of property transfer existence before finalizing the assessment. The ITAT upheld the CIT (A)'s finding on the extent of land to be taxed but required compliance with its directions for a comprehensive assessment. en-us Wed, 04 Oct 2017 00:00:00 +0530 Sat, 07 Oct 2017 09:00:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349163 The ITAT allowed the assessee's appeal for statistical purposes, emphasizing the need for a thorough investigation and compliance with legal requirements in assessing capital gains from the land transfer. The case was remanded to the AO for a fresh assessment, directing consideration of all legal heirs, investigation of related assessments, and determination of property transfer existence before finalizing the assessment. The ITAT upheld the CIT (A)'s finding on the extent of land to be taxed but required compliance with its directions for a comprehensive assessment. Case-Laws Income Tax Wed, 04 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349163