https://www.taxtmi.com/caselaws?id=367567 The Tribunal allowed the appeal partly, directing the Assessing Officer to re-examine the genuineness of the transactions involving long term capital gains. Emphasizing adherence to natural justice principles and proper verification procedures, the Tribunal set aside the lower authorities' decisions. The case highlighted the importance of providing opportunities for cross-examination and substantiating claims with evidence. The issue was remitted for fresh consideration in accordance with the law, underscoring the significance of thorough verification to validate capital gains claims. en-us Wed, 19 Sep 2018 00:00:00 +0530 Sat, 22 Sep 2018 17:09:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367567 The Tribunal allowed the appeal partly, directing the Assessing Officer to re-examine the genuineness of the transactions involving long term capital gains. Emphasizing adherence to natural justice principles and proper verification procedures, the Tribunal set aside the lower authorities' decisions. The case highlighted the importance of providing opportunities for cross-examination and substantiating claims with evidence. The issue was remitted for fresh consideration in accordance with the law, underscoring the significance of thorough verification to validate capital gains claims. Case-Laws Income Tax Wed, 19 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367567