https://www.taxtmi.com/caselaws?id=286505 The Tribunal ruled in favor of the appellant, setting aside the Principal Commissioner's order under section 263 of the Income Tax Act, 1961. The judgment emphasized the importance of the proper application of mind by the Assessing Officer and upheld the sustainability of the view taken in the original assessment proceedings regarding the computation of long term capital gains. en-us Wed, 20 Mar 2019 00:00:00 +0530 Mon, 02 Mar 2020 08:50:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286505 The Tribunal ruled in favor of the appellant, setting aside the Principal Commissioner's order under section 263 of the Income Tax Act, 1961. The judgment emphasized the importance of the proper application of mind by the Assessing Officer and upheld the sustainability of the view taken in the original assessment proceedings regarding the computation of long term capital gains. Case-Laws Income Tax Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286505