https://www.taxtmi.com/caselaws?id=409234 The Tribunal allowed the appeal in part, condoning the delay in filing due to the pandemic lockdown and directing re-verification of the deduction claim under Section 54F. The computation of capital gains and deductions under the IT Act was upheld, with the taxable LTCG set at Rs. 13,79,379/- based on SRO rates and non-compliance with deposit requirements. The decision emphasized adherence to statutory provisions and legal precedents to ensure a fair outcome. en-us Tue, 22 Jun 2021 00:00:00 +0530 Sat, 03 Jul 2021 08:54:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409234 The Tribunal allowed the appeal in part, condoning the delay in filing due to the pandemic lockdown and directing re-verification of the deduction claim under Section 54F. The computation of capital gains and deductions under the IT Act was upheld, with the taxable LTCG set at Rs. 13,79,379/- based on SRO rates and non-compliance with deposit requirements. The decision emphasized adherence to statutory provisions and legal precedents to ensure a fair outcome. Case-Laws Income Tax Tue, 22 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409234