https://www.taxtmi.com/caselaws?id=405889 The ITAT Chennai directed the Assessing Officer to reconsider the disallowance of selling expenses and the computation of long term capital gains. The tribunal set aside the appeal for reassessment, emphasizing the need for the AO to review the issues based on the evidence presented by the assessee. The appeal was treated as allowed for statistical purposes, with the decision pronounced on 19th March 2021. en-us Fri, 19 Mar 2021 00:00:00 +0530 Thu, 01 Apr 2021 08:45:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405889 The ITAT Chennai directed the Assessing Officer to reconsider the disallowance of selling expenses and the computation of long term capital gains. The tribunal set aside the appeal for reassessment, emphasizing the need for the AO to review the issues based on the evidence presented by the assessee. The appeal was treated as allowed for statistical purposes, with the decision pronounced on 19th March 2021. Case-Laws Income Tax Fri, 19 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405889