https://www.taxtmi.com/caselaws?id=405983 The tribunal upheld the validity of serving notice through email under Sec 282(1)(c) read with rule 127 of the IT Rules, as the appellant failed to update their address. The determination of fair market value for long term capital gain was directed to be as of the sale agreement date by the CIT(A), with the tribunal dismissing the Revenue's appeal. The disallowance of the cost of improvement claimed by the assessee was upheld due to lack of evidence of payment, leading to the dismissal of the appeal. en-us Fri, 12 Mar 2021 00:00:00 +0530 Fri, 02 Apr 2021 19:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405983 The tribunal upheld the validity of serving notice through email under Sec 282(1)(c) read with rule 127 of the IT Rules, as the appellant failed to update their address. The determination of fair market value for long term capital gain was directed to be as of the sale agreement date by the CIT(A), with the tribunal dismissing the Revenue's appeal. The disallowance of the cost of improvement claimed by the assessee was upheld due to lack of evidence of payment, leading to the dismissal of the appeal. Case-Laws Income Tax Fri, 12 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405983