https://www.taxtmi.com/caselaws?id=295293 The Tribunal partly allowed the Revenue's appeal, dismissing the condonation of delay issue due to lack of arguments by the ld. DR. Regarding the deletion of long term capital gains addition, the ld. CIT(A)'s decision was set aside as the DVO value exceeded the sale consideration declared by the assessee. The Tribunal directed the Assessing Officer to use the DVO value for computing long term capital gains, thereby allowing the Revenue's ground on this matter. en-us Wed, 31 Oct 2018 00:00:00 +0530 Fri, 28 May 2021 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295293 The Tribunal partly allowed the Revenue's appeal, dismissing the condonation of delay issue due to lack of arguments by the ld. DR. Regarding the deletion of long term capital gains addition, the ld. CIT(A)'s decision was set aside as the DVO value exceeded the sale consideration declared by the assessee. The Tribunal directed the Assessing Officer to use the DVO value for computing long term capital gains, thereby allowing the Revenue's ground on this matter. Case-Laws Income Tax Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295293