https://www.taxtmi.com/caselaws?id=387144 The Tribunal allowed the appeal, condoning the delay in filing due to the serious illness and demise of the husband. The additions of long term and short term capital gains were deleted as the assessee acted as a GPA holder for the land, and there was no transfer of property in her favor. The Tribunal emphasized that the entries in the capital account were not determinative of income, leading to the deletion of both additions. en-us Mon, 14 Oct 2019 00:00:00 +0530 Fri, 18 Oct 2019 07:18:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387144 The Tribunal allowed the appeal, condoning the delay in filing due to the serious illness and demise of the husband. The additions of long term and short term capital gains were deleted as the assessee acted as a GPA holder for the land, and there was no transfer of property in her favor. The Tribunal emphasized that the entries in the capital account were not determinative of income, leading to the deletion of both additions. Case-Laws Income Tax Mon, 14 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387144