https://www.taxtmi.com/caselaws?id=351843 The appeal addressed the delay in filing cross objections due to health reasons, which were condoned. The case involved assessing long-term capital gains on property sale, with discrepancies in sale consideration and cost of acquisition. The A.O. disallowed claimed construction costs due to conflicting property descriptions in the sale deed. Discrepancies in sale consideration and building existence led to conflicting interpretations. The tribunal remitted the case for a thorough verification of facts related to sale consideration and construction costs, emphasizing the need for a correct factual position. en-us Wed, 22 Nov 2017 00:00:00 +0530 Sat, 02 Dec 2017 10:10:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351843 The appeal addressed the delay in filing cross objections due to health reasons, which were condoned. The case involved assessing long-term capital gains on property sale, with discrepancies in sale consideration and cost of acquisition. The A.O. disallowed claimed construction costs due to conflicting property descriptions in the sale deed. Discrepancies in sale consideration and building existence led to conflicting interpretations. The tribunal remitted the case for a thorough verification of facts related to sale consideration and construction costs, emphasizing the need for a correct factual position. Case-Laws Income Tax Wed, 22 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351843