https://www.taxtmi.com/caselaws?id=418902 The High Court allowed the condonation of delay in filing the appeal due to the respondent's participation in the V.S.V. Scheme. The appeal by the revenue under Section 260A of the Income Tax Act raised substantial questions of law related to LTCG treatment, undisclosed income deletion, and transaction genuineness. The Court emphasized the importance of compliance with procedural requirements and thorough examination of facts. The appeal was disposed of based on the respondent's adherence to the V.S.V. Scheme, leaving the substantial questions of law for future consideration, highlighting the significance of procedural regularity in tax matters. en-us Wed, 23 Feb 2022 00:00:00 +0530 Sat, 26 Feb 2022 06:00:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418902 The High Court allowed the condonation of delay in filing the appeal due to the respondent's participation in the V.S.V. Scheme. The appeal by the revenue under Section 260A of the Income Tax Act raised substantial questions of law related to LTCG treatment, undisclosed income deletion, and transaction genuineness. The Court emphasized the importance of compliance with procedural requirements and thorough examination of facts. The appeal was disposed of based on the respondent's adherence to the V.S.V. Scheme, leaving the substantial questions of law for future consideration, highlighting the significance of procedural regularity in tax matters. Case-Laws Income Tax Wed, 23 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418902