https://www.taxtmi.com/caselaws?id=402873 The Tribunal allowed the appellant's appeal against the CIT (A)'s order for A.Y. 2011-12. The appellant, an NRI individual, challenged the denial of the cost of acquisition in computing capital gain and the non-admittance of additional evidence. The Tribunal admitted the additional evidence, directed a re-consideration by the AO, and allowed the cost of acquisition for computing capital gain. The appeal was treated as allowed for statistical purposes, providing a fair hearing opportunity for the appellant. en-us Thu, 31 Dec 2020 00:00:00 +0530 Thu, 14 Jan 2021 11:40:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402873 The Tribunal allowed the appellant's appeal against the CIT (A)'s order for A.Y. 2011-12. The appellant, an NRI individual, challenged the denial of the cost of acquisition in computing capital gain and the non-admittance of additional evidence. The Tribunal admitted the additional evidence, directed a re-consideration by the AO, and allowed the cost of acquisition for computing capital gain. The appeal was treated as allowed for statistical purposes, providing a fair hearing opportunity for the appellant. Case-Laws Income Tax Thu, 31 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402873