https://www.taxtmi.com/caselaws?id=359418 The Tribunal allowed the appeals, ruling that the transfer was incomplete based on pending civil suits, resulting in no Long Term Capital Gains (LTCG). The Tribunal dismissed the challenge to the validity of reassessment proceedings due to lack of prior objections and additional grounds submission. The outcome of civil suits would dictate tax liability on capital gains. The judgment was delivered on 27th April 2018. en-us Fri, 27 Apr 2018 00:00:00 +0530 Mon, 30 Apr 2018 06:11:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359418 The Tribunal allowed the appeals, ruling that the transfer was incomplete based on pending civil suits, resulting in no Long Term Capital Gains (LTCG). The Tribunal dismissed the challenge to the validity of reassessment proceedings due to lack of prior objections and additional grounds submission. The outcome of civil suits would dictate tax liability on capital gains. The judgment was delivered on 27th April 2018. Case-Laws Income Tax Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359418