https://www.taxtmi.com/caselaws?id=405537 The ITAT allowed the appeal for statistical purposes, directing the CIT(A) to reconsider the short term capital gain issue concerning the disputed property sale in Jaipur. The ITAT emphasized the importance of admitting the registered cancellation deed as additional evidence under Rule 46A and instructed the CIT(A) to address the computation of short term capital gain on another property. The decision underscored the necessity of a fair review of evidence to uphold natural justice principles in tax assessments. en-us Wed, 03 Mar 2021 00:00:00 +0530 Tue, 23 Mar 2021 08:41:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405537 The ITAT allowed the appeal for statistical purposes, directing the CIT(A) to reconsider the short term capital gain issue concerning the disputed property sale in Jaipur. The ITAT emphasized the importance of admitting the registered cancellation deed as additional evidence under Rule 46A and instructed the CIT(A) to address the computation of short term capital gain on another property. The decision underscored the necessity of a fair review of evidence to uphold natural justice principles in tax assessments. Case-Laws Income Tax Wed, 03 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405537