https://www.taxtmi.com/caselaws?id=403493 The Tribunal allowed the appeal in part, directing the AO to compute long term capital gain using the sale value disclosed by the appellant. The disallowance of expenses was remitted for re-adjudication with detailed submissions. The Tribunal disposed of the interest charge issue as consequential and deemed the appeal on penalty initiation premature. en-us Fri, 29 Jan 2021 00:00:00 +0530 Fri, 29 Jan 2021 22:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403493 The Tribunal allowed the appeal in part, directing the AO to compute long term capital gain using the sale value disclosed by the appellant. The disallowance of expenses was remitted for re-adjudication with detailed submissions. The Tribunal disposed of the interest charge issue as consequential and deemed the appeal on penalty initiation premature. Case-Laws Income Tax Fri, 29 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403493