https://www.taxtmi.com/caselaws?id=430831 The Tribunal dismissed the appellant's appeal against the addition of capital gain on the sale of land, upholding the CIT(A)'s decision. The appellant's argument that the capital gains should be assessed in the company's name was rejected, and the request for remand and tax credit was dismissed. The Tribunal condoned the delay in filing the appeal due to valid reasons, including the impact of the Covid-19 pandemic. Ultimately, the appeal was dismissed on 23rd November 2022. en-us Wed, 23 Nov 2022 00:00:00 +0530 Mon, 28 Nov 2022 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430831 The Tribunal dismissed the appellant's appeal against the addition of capital gain on the sale of land, upholding the CIT(A)'s decision. The appellant's argument that the capital gains should be assessed in the company's name was rejected, and the request for remand and tax credit was dismissed. The Tribunal condoned the delay in filing the appeal due to valid reasons, including the impact of the Covid-19 pandemic. Ultimately, the appeal was dismissed on 23rd November 2022. Case-Laws Income Tax Wed, 23 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430831