https://www.taxtmi.com/caselaws?id=376260 The Tribunal allowed the revenue's appeal, setting aside the CIT(A)'s order and directing the AO to re-compute the short-term capital gain based on fair market value and treat the disputed income as income from other sources. The AO was instructed to determine the fair market value as per the circle rate. The order was pronounced on 28/02/2019. en-us Thu, 28 Feb 2019 00:00:00 +0530 Tue, 05 Mar 2019 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376260 The Tribunal allowed the revenue's appeal, setting aside the CIT(A)'s order and directing the AO to re-compute the short-term capital gain based on fair market value and treat the disputed income as income from other sources. The AO was instructed to determine the fair market value as per the circle rate. The order was pronounced on 28/02/2019. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376260