https://www.taxtmi.com/caselaws?id=405519 The High Court allowed the appeal, setting aside the Income Tax Appellate Tribunal's decision and remanding the case for further consideration. The Court directed the Tribunal to consider the assessment order of the co-owner in determining the treatment of the sale transaction for the appellant. The appellant was permitted to raise additional grounds and present additional evidence. The Court emphasized deciding the appeal on its merits without influence from prior observations, with a preference for a decision within three months from the first hearing. en-us Wed, 17 Mar 2021 00:00:00 +0530 Mon, 22 Mar 2021 09:17:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405519 The High Court allowed the appeal, setting aside the Income Tax Appellate Tribunal's decision and remanding the case for further consideration. The Court directed the Tribunal to consider the assessment order of the co-owner in determining the treatment of the sale transaction for the appellant. The appellant was permitted to raise additional grounds and present additional evidence. The Court emphasized deciding the appeal on its merits without influence from prior observations, with a preference for a decision within three months from the first hearing. Case-Laws Income Tax Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405519