https://www.taxtmi.com/caselaws?id=356679 The Tribunal dismissed the appeal ground challenging the validity of the assessment reopening for the assessment year 2005-06. It rejected the claim on the assessability of capital gain from the sale of a capital asset due to failure to raise objections earlier. The Tribunal referred issues related to the assessment year 2004-05 back to the Assessing Officer for review. Matters concerning index cost and full value consideration were set aside for subsequent consideration. The appeal was partly allowed for statistical purposes, with certain objections to be addressed before a new order is issued. en-us Wed, 07 Mar 2018 00:00:00 +0530 Fri, 09 Mar 2018 06:58:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356679 The Tribunal dismissed the appeal ground challenging the validity of the assessment reopening for the assessment year 2005-06. It rejected the claim on the assessability of capital gain from the sale of a capital asset due to failure to raise objections earlier. The Tribunal referred issues related to the assessment year 2004-05 back to the Assessing Officer for review. Matters concerning index cost and full value consideration were set aside for subsequent consideration. The appeal was partly allowed for statistical purposes, with certain objections to be addressed before a new order is issued. Case-Laws Income Tax Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356679