https://www.taxtmi.com/highlights?id=36745 Capital gain computation - ownership on property sold - Merely relying on the assumptions and just because the property was purchased by assessee’s husband, it does not mean that there exists some kind of foul transaction and without bringing on record any cogent material to support the AO’s contention, AO cannot presume facts en-us Fri, 03 Nov 2017 10:52:54 +0530 Fri, 03 Nov 2017 10:52:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=36745 Capital gain computation - ownership on property sold - Merely relying on the assumptions and just because the property was purchased by assessee’s husband, it does not mean that there exists some kind of foul transaction and without bringing on record any cogent material to support the AO’s contention, AO cannot presume facts Highlights Income Tax Fri, 03 Nov 2017 10:52:54 +0530 https://www.taxtmi.com/highlights?id=36745