https://www.taxtmi.com/caselaws?id=365496 The Tribunal allowed the appeal of the assessee, emphasizing the authorities' failure to conduct proper investigations and unjustly imposing tax liability without sufficient evidence. The Tribunal found the addition of Long Term Capital Gain (LTCG) on the sale of property to be unjustified, as the assessee acted as a constituted Attorney for NRIs, with documents proving the properties did not belong to the assessee. The authorities' lack of verification and scrutiny led to the deletion of the addition, highlighting the need for thorough investigation before imposing tax liability. en-us Wed, 08 Aug 2018 00:00:00 +0530 Sat, 18 Aug 2018 09:25:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365496 The Tribunal allowed the appeal of the assessee, emphasizing the authorities' failure to conduct proper investigations and unjustly imposing tax liability without sufficient evidence. The Tribunal found the addition of Long Term Capital Gain (LTCG) on the sale of property to be unjustified, as the assessee acted as a constituted Attorney for NRIs, with documents proving the properties did not belong to the assessee. The authorities' lack of verification and scrutiny led to the deletion of the addition, highlighting the need for thorough investigation before imposing tax liability. Case-Laws Income Tax Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365496