https://www.taxtmi.com/caselaws?id=376354 The Tribunal allowed the assessee's appeal partially, directing the assessing officer to treat the USA property as deemed let out and determine the ALV accordingly. The Tribunal upheld the Commissioner (Appeals)'s decision on the period of holding for the Gurgaon property, confirming it as a long-term capital gain. The Revenue's appeal was dismissed, and the assessee's appeal was allowed for statistical purposes. en-us Mon, 30 Jul 2018 00:00:00 +0530 Thu, 07 Mar 2019 07:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376354 The Tribunal allowed the assessee's appeal partially, directing the assessing officer to treat the USA property as deemed let out and determine the ALV accordingly. The Tribunal upheld the Commissioner (Appeals)'s decision on the period of holding for the Gurgaon property, confirming it as a long-term capital gain. The Revenue's appeal was dismissed, and the assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 30 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376354