https://www.taxtmi.com/caselaws?id=361201 The Tribunal remitted the issues of addition under section 69 of the Income Tax Act, assessment of short term capital gain, and validity of the sale deed and cancellation back to the Assessing Officer for further verification. The Tribunal emphasized the importance of a comprehensive review of all relevant facts, including new evidence presented post the Commissioner of Income Tax (Appeals)'s order, to ensure procedural fairness and provide the appellant with a fair hearing. The appeal was allowed for statistical purposes, underscoring the need for a thorough examination of the entire transaction and legal implications involved. en-us Mon, 28 May 2018 00:00:00 +0530 Thu, 31 May 2018 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361201 The Tribunal remitted the issues of addition under section 69 of the Income Tax Act, assessment of short term capital gain, and validity of the sale deed and cancellation back to the Assessing Officer for further verification. The Tribunal emphasized the importance of a comprehensive review of all relevant facts, including new evidence presented post the Commissioner of Income Tax (Appeals)'s order, to ensure procedural fairness and provide the appellant with a fair hearing. The appeal was allowed for statistical purposes, underscoring the need for a thorough examination of the entire transaction and legal implications involved. Case-Laws Income Tax Mon, 28 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361201