https://www.taxtmi.com/caselaws?id=409216 The case involved an appeal by the assessee against the CIT(A)'s order for AY 2010-11 regarding the determination of capital gains for a Hindu Undivided Family (HUF). The AO disallowed the claim for development expenses and deduction under section 54F due to lack of evidence. The ITAT remitted the matter to the AO for verification of potential double assessment of capital gains on the same property for AY 2008-09 and 2010-11. The rejection of the claim under section 54F was a key issue, with the ITAT directing verification to avoid double assessment. The disallowance of development expenditure and interior expenses was also addressed, with the ITAT remitting the matter for verification. en-us Wed, 30 Jun 2021 00:00:00 +0530 Fri, 02 Jul 2021 08:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409216 The case involved an appeal by the assessee against the CIT(A)'s order for AY 2010-11 regarding the determination of capital gains for a Hindu Undivided Family (HUF). The AO disallowed the claim for development expenses and deduction under section 54F due to lack of evidence. The ITAT remitted the matter to the AO for verification of potential double assessment of capital gains on the same property for AY 2008-09 and 2010-11. The rejection of the claim under section 54F was a key issue, with the ITAT directing verification to avoid double assessment. The disallowance of development expenditure and interior expenses was also addressed, with the ITAT remitting the matter for verification. Case-Laws Income Tax Wed, 30 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409216