https://www.taxtmi.com/caselaws?id=359154 The Tribunal allowed the appeal challenging the revision order under Section 263 of the Income-tax Act, 1961, related to long term capital gain valuation and disallowance of dalali expenses. It held that the AO had not erred in allowing the indexed cost of improvement and dalali expenses, as supported by documentary evidence. The Tribunal found the assessment order not erroneous or prejudicial to the Revenue's interest, aligning with the decision in CIT Vs. Max India Ltd. The appeal was allowed in favor of the appellant, with the decision announced on 05.03.2018. en-us Mon, 05 Mar 2018 00:00:00 +0530 Wed, 25 Apr 2018 06:17:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359154 The Tribunal allowed the appeal challenging the revision order under Section 263 of the Income-tax Act, 1961, related to long term capital gain valuation and disallowance of dalali expenses. It held that the AO had not erred in allowing the indexed cost of improvement and dalali expenses, as supported by documentary evidence. The Tribunal found the assessment order not erroneous or prejudicial to the Revenue's interest, aligning with the decision in CIT Vs. Max India Ltd. The appeal was allowed in favor of the appellant, with the decision announced on 05.03.2018. Case-Laws Income Tax Mon, 05 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359154