https://www.taxtmi.com/caselaws?id=303373 The appeals filed by various assessees for the Assessment Year 2009-10 were consolidated due to identical facts. The tribunal dismissed the appeals, denying Long Term Capital Gain and deduction under Section 54 of the Act. The denial of Long Term Capital Gain was based on the discrepancy between the sale deed execution date and the possession claim. Additionally, the denial of the deduction under Section 54 was due to the lack of evidence establishing ownership rights over the property. The tribunal's decision was consistent across all appeals, with orders issued on 20th Jan., 2022. en-us Thu, 20 Jan 2022 00:00:00 +0530 Sun, 17 Jul 2022 17:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303373 The appeals filed by various assessees for the Assessment Year 2009-10 were consolidated due to identical facts. The tribunal dismissed the appeals, denying Long Term Capital Gain and deduction under Section 54 of the Act. The denial of Long Term Capital Gain was based on the discrepancy between the sale deed execution date and the possession claim. Additionally, the denial of the deduction under Section 54 was due to the lack of evidence establishing ownership rights over the property. The tribunal's decision was consistent across all appeals, with orders issued on 20th Jan., 2022. Case-Laws Income Tax Thu, 20 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303373