https://www.taxtmi.com/caselaws?id=356335 The appeal was partly allowed by the Tribunal. The addition on account of Long Term Capital Gain (LTCG) was deleted, and the deduction under section 54B was allowed. The challenges to the validity of the order under sections 144/148, the action under section 147, and the adequacy of the opportunity of being heard were dismissed. The charging of interest under sections 234A, 234B, and 234C was considered as consequential. The delay in filing the appeal was condoned, allowing the appeal to be heard on merits. en-us Mon, 19 Feb 2018 00:00:00 +0530 Thu, 01 Mar 2018 07:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356335 The appeal was partly allowed by the Tribunal. The addition on account of Long Term Capital Gain (LTCG) was deleted, and the deduction under section 54B was allowed. The challenges to the validity of the order under sections 144/148, the action under section 147, and the adequacy of the opportunity of being heard were dismissed. The charging of interest under sections 234A, 234B, and 234C was considered as consequential. The delay in filing the appeal was condoned, allowing the appeal to be heard on merits. Case-Laws Income Tax Mon, 19 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356335