https://www.taxtmi.com/caselaws?id=425126 The Tribunal remanded the case back to the Assessing Officer for a fresh examination of all relevant documents and evidence provided by the appellant. The AO was directed to grant the appellant an opportunity to substantiate their claims regarding the validity of the Agreement of Sale, the classification of capital gains, and the eligibility for deduction under Section 54 of the Income Tax Act, 1961. The appeals were allowed for statistical purposes, and the AO was instructed to re-evaluate the issues based on fact and law. en-us Wed, 13 Jul 2022 00:00:00 +0530 Sat, 16 Jul 2022 09:21:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425126 The Tribunal remanded the case back to the Assessing Officer for a fresh examination of all relevant documents and evidence provided by the appellant. The AO was directed to grant the appellant an opportunity to substantiate their claims regarding the validity of the Agreement of Sale, the classification of capital gains, and the eligibility for deduction under Section 54 of the Income Tax Act, 1961. The appeals were allowed for statistical purposes, and the AO was instructed to re-evaluate the issues based on fact and law. Case-Laws Income Tax Wed, 13 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425126