https://www.taxtmi.com/caselaws?id=367123 The Tribunal remanded the case to the Assessing Officer for fresh consideration, emphasizing proper investigation and adherence to statutory provisions. The Tribunal found errors in the AO's assessment of the validity of agreements, application of Section 50C for capital gains, and allocation of tax liability. It directed the AO to take coercive steps against the relevant entity for non-compliance and ensure accurate income assessment. The appeal was allowed for statistical purposes. en-us Wed, 25 Jul 2018 00:00:00 +0530 Sat, 15 Sep 2018 10:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367123 The Tribunal remanded the case to the Assessing Officer for fresh consideration, emphasizing proper investigation and adherence to statutory provisions. The Tribunal found errors in the AO's assessment of the validity of agreements, application of Section 50C for capital gains, and allocation of tax liability. It directed the AO to take coercive steps against the relevant entity for non-compliance and ensure accurate income assessment. The appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 25 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367123